Any deduction made by the principal while making payments ...
TDS Deductions in Works Contracts Subject to Final Assessment by Assessing Officer, Not Final VAT Determination.
September 23, 2016
Case Laws VAT and Sales Tax HC
Any deduction made by the principal while making payments towards the works contract would always remain subject to the final assessment by the AO; and deduction at source (TDS) by the principal, by itself, is not decisive of the actual amount of VAT payable. - HC
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