Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Delhi mandates VAT deduction for works contracts u/s 36A; 4% for registered, 6% for unregistered contractors.</h1> The circular from the Department of Trade and Taxes, Government of Delhi, addresses the mandatory deduction of Value Added Tax (VAT) at source for works contracts under Section 36A of the Delhi Value Added Tax Act, 2004. It mandates that all government departments and related entities deduct Tax Deducted at Source (TDS) at 4% for registered contractors and 6% for unregistered ones when making payments. The deducted amount must be deposited with the Delhi Government Treasury within 15 days of the deduction month. Non-compliance with these requirements results in penalties and interest liabilities.