Hello,
I'm a Registered Dealer in Maharashtra. I get Works Contract done from another Regd Dealer in Maharashtra. Now, I want to deduct TDS @ 2% since the value of WC >5 lacs.
1) Do I have to register for a Tax Deduction No. like we have TAN no. in Income Tax? Or should I use my MVAT no. itself? Or should I use TAN no. from Income Tax for this purpose.
2) Is there a way to check details of TDS online like we have Form 26AS in Income Tax?
3) What about TDS returns in MVAT? Is there any concept like that or do we just have to give details of the same in our MVAT return? If we have to file TDS returns, will I have to file them quarterly just lke Income Tax? Which form no.?
CAclubindia
