What is WCT TDS? who is liable to deduct the WCT TDS?
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Answer Posted / tejaswani
Hi friends,
My advice is not to scold each other. Of course there may
be grammar or spelling mistakes. That means he/she is not
an idiot or stupid. Try to explain them, where they made
mistakes and how to correct it. Here the question is what
WCT TDS and who is liable to deduct the WCT TDS.
WCT stand for work contract tax. It is deducted when
vendor has worked with material supply. 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 and material. "A" will make payment and deducted
WCT and TDS both.
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