https://www.taxtmi.com/caselaws?id=326904 Tax deduction at source in works contracts under the Bihar Value Added Tax Act, 2005 must be confined to the taxable portion of running account bills and cannot be made on the gross amount. Section 41 and Rule 29 require exclusion of components not liable to deduction, including labour and other non-transfer elements identified under the rules. A direction to deduct on the full bill amount cannot override the statutory scheme or earlier binding directions. Authorities must apply the statutory exclusions and allow the prescribed benefit wherever the relevant particulars are available. en-us Thu, 03 Mar 2016 00:00:00 +0530 Tue, 26 Apr 2016 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326904 Tax deduction at source in works contracts under the Bihar Value Added Tax Act, 2005 must be confined to the taxable portion of running account bills and cannot be made on the gross amount. Section 41 and Rule 29 require exclusion of components not liable to deduction, including labour and other non-transfer elements identified under the rules. A direction to deduct on the full bill amount cannot override the statutory scheme or earlier binding directions. Authorities must apply the statutory exclusions and allow the prescribed benefit wherever the relevant particulars are available. Case-Laws VAT and Sales Tax Thu, 03 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326904