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    Answer Archana Sinha: Re: What Is WCT TDS? Who Is Liable To Deduct The WCT TDS? # 3

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    Chozha Rajan
    WCT stands for Works Contract Tax. It is deducted when a company contracts another vendor to supply materials and labor for a project. The company paying for the work is liable to deduct WCT and TDS from the payment. For example, an infrastructure company contracts a vendor to supply materials and labor for civil works. The infrastructure company would pay the vendor and deduct WCT and TDS before making payment.

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    Answer Archana Sinha: Re: What Is WCT TDS? Who Is Liable To Deduct The WCT TDS? # 3

    Uploaded by

    Chozha Rajan
    42 views5 pages
    WCT stands for Works Contract Tax. It is deducted when a company contracts another vendor to supply materials and labor for a project. The company paying for the work is liable to deduct WCT and TDS from the payment. For example, an infrastructure company contracts a vendor to supply materials and labor for civil works. The infrastructure company would pay the vendor and deduct WCT and TDS before making payment.

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    WCT stands for Works Contract Tax. It is deducted when a company contracts another vendor to supply materials and labor for a project. The company paying for the work is liable to deduct WCT and TDS from the payment. For example, an infrastructure company contracts a vendor to supply materials and labor for civil works. The infrastructure company would pay the vendor and deduct WCT and TDS before making payment.

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    42 views5 pages

    Answer Archana Sinha: Re: What Is WCT TDS? Who Is Liable To Deduct The WCT TDS? # 3

    Uploaded by

    Chozha Rajan
    WCT stands for Works Contract Tax. It is deducted when a company contracts another vendor to supply materials and labor for a project. The company paying for the work is liable to deduct WCT and TDS from the payment. For example, an infrastructure company contracts a vendor to supply materials and labor for civil works. The infrastructure company would pay the vendor and deduct WCT and TDS before making payment.

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    of 5

    Re: What is WCT TDS? who is liable to deduct the WCT TDS?

    3 Answer WCT stand for work # 1 contract tax.It is

    Archana Sinha

    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.
    Is This Answer Correct ?

    268 Yes

    38 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer Respected Archana sinha #2 Try to 2 [email protected] [Taxtime]

    develop english and then answer.You try to ask your elders whether they understand you or not. Not only you I came across so many graduates and post graduates who cant

    understand the questions and can answer.Take this as elderly advice.


    Is This Answer Correct ?

    62 Yes

    127 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer SATYAKI RAJU # 3 Idiot this site is not 0 Satyaki

    to improve english or to develop communication skills just give the answer for above question if u know if not shut ur mouth u asshole u have no right to discriminate others
    Is This Answer Correct ?

    112 Yes

    30 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer Because of idiots like # 4 you, putting others name 0 Satyakiraju

    as yours,I advised the candidate to develop but not anything more. Because of miss spellings and wrong construction of sentences questions may not mean the correct meaning. Wise fellows try to rectify. Dont ever use this kind of words.

    Is This Answer Correct ?

    40 Yes

    26 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer when the a contract done # 5 the meterial supply and 0 Arun Kumar

    provide the labour. in this case owner company laiable to deduct tds and wct for the contract bill.
    Is This Answer Correct ?

    30 Yes

    12 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer this is all answer is # 6 righi
    Is This Answer Correct ?

    Pankaj

    8 Yes

    20 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer Do not qyarell .only # 7 give answer
    Is This Answer Correct ?

    Najeeb

    21 Yes

    13 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer only give answer #8 10 Yes Is This Answer
    Correct ?

    4 13 No

    Jayaram

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer 1st answer is very # 9 right. 0 Vsg

    Is This Answer Correct ?

    14 Yes

    13 No

    Re: What is WCT TDS? who is liable to deduct the WCT TDS? Answer Mr Satyaki Raju # 10 Mind ur business and u

    also seems to be a great idiot,stupid and much more.Don't u know the behaviour.Try to learn the behaviour first and talk abt.the english and For ur info.this is not the sight for improving once english skills mind it.Don't make rubbish statement once again. Take Care The acronym WCT is invariably used(wrongly) in lieu of TDS towards VAT on deemed sales under an Indivisible Works Contract ; what you are now refering to as WCT TDS A more suitable acronym is TDS(WC). The reason for using WCT is usually to differentiate TDS(WC) from TDS(I.Tax)

    WCT means Works Contract Tax, it means when a company gives the contract to another company to be workdone with labour and another company worked. then the main company duduct the wct 4% or 2%(if they have approvel from govt.).and first company deposit that deducted amount in bank as challan, after this retuned in sales tax department and issue the wct certificate to the contractor by contractee. It is calcullated on the

    contract work of the companies. TDS stands for Tax deducted at source. Any income payable to the assessee shall be liable for deduction of tax at source by the person responsible for making payment. TDS is deducted at prescribed rate as per the Finance Act of that year

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