Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You

2 Answers  

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what is the rate of (194h) TDS

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hi,i want to kow the difference between withholding tax and service tax.what is the procedure of calclation of the two.please help.its urgent.

2 Answers   Wipro,

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can i adusted our vat credit in W.C.T. payable?

0 Answers   LBC,

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Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?

0 Answers  

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do we have tds in nigeria

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What is tha Central sales tax rate 2010 in andhrapradesh

0 Answers  

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how to file service tax online through which website it can be don.procedure...?

1 Answers   UBS,

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WHAT IS VAT ON SALE OF GOLD IN RAJASTHAN

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when sales made in 2% cst against c-form, the buyer issue the c form to the seller, what the seller made on these c form , how can the seller benefited by the c form?

3 Answers  

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If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?

0 Answers   iNova,

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What is the Special provision for computing profits and gains of business of civil construction

3 Answers   GET Engineering Construction,

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