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Please tell about Work Contract Tax and How much % to be
deducted, Which type of contractors come under this WCT and
what is the procedure after deducting the Tax.

Question Posted / satyanarayana

Answers were Sorted based on User's Feedback



Please tell about Work Contract Tax and How much % to be deducted, Which type of contractors come ..

Answer / manoj

WORK CONTRACT TAX IS ALSO CALLED AS LABOUR CONTRACT TAX IN INCOME TAX WORK CONTRACT TAX IS DEDUCTED UNDER SECTION 194C AT 2% ON 30,000 AND ABOVE VALUE p.a.. ITS IS DEDECTED ANS LABOUR CHARGES

Is This Answer Correct ?    3 Yes 3 No

Please tell about Work Contract Tax and How much % to be deducted, Which type of contractors come ..

Answer / venkat

What is Works contract Tax ?

Is This Answer Correct ?    1 Yes 2 No

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