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.
Answer Posted / 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 |
Post New Answer View All Answers
how to calculated all taxes their information in details
what difference in motvat & cenvat? and why this prepared?
What do you mean by fair rent?
how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir
what is city commodity tax
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
Explain deferred tax asset?
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
How to calculate excise duty on mobile products?
treatment of Service tax and TDS
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
Hellow this is ravindra wanted to know about excise duty rates pls suggest
Is there any change in the section 80DD for the financial year 2009-10