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Applicability of AS-7

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18 April 2009 My company is real Estate developers -recently it had undertaken the construction process of its own project.My question is whether As-7is applicable for us? if yes- then how to be reported -whether the flats already booked will be taken into consideration-another point is whether we are liable to deduct Pf and ESI from the contractors working under us if not having the registration numbers
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
21 April 2009 if there is no contractor-contractee relation as-7 is not applicable...
here no such relation exists..so as-7 not applicable
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