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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.

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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