What is the definition of sub contracting? When and How sub contractor will Issue TDS Certificate to the principle contractor ?
Dinesh Kodakkat (Student Others) (24 Points)
03 July 2015What is the definition of sub contracting? When and How sub contractor will Issue TDS Certificate to the principle contractor ?
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 03 July 2015
Hi,
The name hints what exactly sub contract is. Passin on the work to another person can be simpy called as sub contracting.
TDS need to be deducted and certificate issued like in any other case of contract payment.
If you have any precise question , ping me !!!
Thanks,
Suri
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