On which amount Work contract tax (wct) is to be calculated - on the labour part, on material cost or on aggregate cost (labour + material)?
Answer Posted / shatrudhan sinhg
WCT is applicable on Labor Services....
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
Hello Sir, Please send the knowing calculation of attrition rate?
anybody pls tell me about the service tax
My client has not filled income tax return for ay-2013-14
How to reconcile a Vendor who is a supplier as well as a Contractor?
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
WHAT IS TAXATION?
Rules for filling Income Tax return for a MNC?
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
Define the term person?