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construction contracts

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31 December 2007 hello friends,
could u pls. send me the tax implications of construction contract:-
1.treatment of Income and expenses of construction contract.
2.sales tax impliction of such contracts.
3.service tax implication as also input credit availment by the contractor.
4.TDS on the contract and sub-contract.

my e-mail is ash_ok2002@yahoo.com

thanking you,
ashok

17 March 2008 for construction contract REad AS-7 and for Sales Tax you get Registration as Works Contract.
TDS as per the sec. 194C



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