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VAT - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Any deduction made by the principal while making payments ...

VAT and Sales Tax

September 23, 2016

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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