applicability of taxes
Querist : Anonymous
My one client Partenership firm get a contract of Approx. of 2 crore.
He will do only RCC Labour work ... its a totally labour work contract for doing only RCC Slabs of one huge building ....
He is also like to give the same work in sub contract.
How many taxes he will have to pay & at what Percentage like service tax & tds etc....
Please give ur inputs ......
LIABILITY OF STAX 3.09% ON GROSS BILL.
CAN GIVE SUB CONTRACT CAN ALSO PAID SUBCONTRACTOR AND TAKE CENVAT CREDIT PASS AND TAKE CREDIT.
TDS 2% ON GROSS
Querist : Anonymous
CLIENT OR NOT.
WITH OUT MATERIAL VALUE PORTION OF SQUARE FEET AMOUNT TAKE FOR SUB CONTRACT IT IS UNDER CATEGORY OF MANPOWER SUPPLY.
SO LIABILITY OF 3.09% COLLECT FROM MAIN CONTRACTOR.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
