is WCT TDS should deducted on gross value (basic+service tax)?
Answers were Sorted based on User's Feedback
Answer / sandesh
YEs as per VAT gross value of bill is to be selected
Is This Answer Correct ? | 26 Yes | 5 No |
Answer / raju
wct tds will be deducted on the amount of work done. since for the calculation of the service tax we should not consider the VAT amount, means service tax will be charged on the amount of before vat. so at the time of the wct tds calculation the service tax portion will be deducted from the gross invoice.
Is This Answer Correct ? | 19 Yes | 3 No |
Answer / kumar goutam
wct will be deduct on before service tax amount but tds
will be deduct after service tax
Is This Answer Correct ? | 8 Yes | 10 No |
what is tds tax and what is vat use in tally ?
amounts for which esi,pf n tds get applicable ???
what is exemption of income tax in case of huf and a firm
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
E payment is valid for Income Tax only or can other payment will me made?
WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL
what are the setup required in p2p cycle as per India localization
If service tax paid on freight outward for final output, whether it can be set off against excise duty payable on subsequent final product
2 Answers Simran International,
A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
0 Answers OPI Global, Patra Corporation,
Who is liable for TDS ON CONTRACTORS 1% categories ?
What is the due date for payment of service tax?