works contract tds
This query is : Resolved
18 May 2010
can we claim wctds as expense if we are not claiming or taking setoff against vat payment liability. plz notify
18 May 2010
Ofcourse,
If you can not take credit of any tax, it becomes part of expenditure. Assuming the expenditure is of revenue nature, you can claim expenses.
If you can not take credit of any tax, it becomes part of expenditure. Assuming the expenditure is of revenue nature, you can claim expenses.
18 May 2010
AGREE WITH NAIKJI, YOU CAN CLAIM AS EXPENSES
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