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vat on bot projects

gumpalli krishna

Agricultural land taken on lease for grvel .Is it TDS will be deducted on the advance payment

VAT on BOT Projects and TDS on Advance Payments for Gravel Extraction Under Scrutiny A query was raised regarding the application of VAT on BOT (Build-Operate-Transfer) projects. The discussion also touched upon whether TDS (Tax Deducted at Source) should be deducted on advance payments for agricultural land leased for gravel extraction. A respondent, identified as a chartered accountant, indicated that the query required more detailed information for a comprehensive response. (AI Summary)
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Surender Gupta on Oct 13, 2012

This query required more detailed inputs.

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