FORM 501C
APPLICATION FOR QUANTIFICATION OF TAXABLE TURNOVER FOR THE PURPOSE OF TAX DEDUCTION AT SOURCE
(See Sec 22 (3) & Rules 18 (1)(f))
The Assistant Commissioner/Commercial Tax Officer
..................................Circle.
____________________________________________
02. Name of the Contractor :
03. TIN of the Contractor :
I / We__________________________________ have undertaken the execution of works contract, the details of which are given below. I/We declare that the taxable turnover for the purpose of deduction of tax at source by the contractee is estimated as below.
I / we request you to issue the suitable order so as to communicate it to the contractee for making deduction of tax from the amounts payable to me/us. It will be construed as this application is approved if any thing is not heard from you in this case within 60 days from the filing of this application.
The particulars furnished above are true and correct. I/We shall be held responsible in case the tax deducted is not correct in any manner and I/We shall be liable for penal action as per the provisions of the APVAT Act.
* Nature of work to be categorized as falling under sub clause (i) or (ii) of clause (b) of sub rule (1) of rule 18.