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Works contract tax-west bengal

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(Querist)
17 June 2013 Can Depreciation on plant and machinery allowed?
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
18 June 2013 Mr S pal,
Your question is not specific about your doubt. Howeever, you may note that depreciation of plant and machinery is not considered while calculating the taxable turnover in a works contract case....mjk
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
18 June 2013 Mr S pal,
Your question is not specific about your doubt. Howeever, you may note that depreciation of plant and machinery is not considered while calculating the taxable turnover in a works contract case....mjk
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