What is WCT TDS? who is liable to deduct the WCT TDS?
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Answer Posted / archana sinha
WCT stand for work contract tax.It is deducted when vendor
has worked with material supply.Then forworded bill to me
for payment i will deducted tds and wct.For example:-
A company is a Infrastured company.They need some work for
civil work.They contacted another vendor like B.B will
supply the material and labour will also provide.This is
labour an material.A will payment and deducted WCT and TDS
both.
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