vat on bot projects

[gumpalli krishna]

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

AI Summary

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.