29 April 2015
sir want to know what are the tax treatment for providing a job of outsourcing to a professional of his field.
ie,planing to reconstruct the old house of our client for the same i am having a team of professionals under me to get the work done as they will use their own material and labour to get the work done an the final payment which will receive from the client will be distributed among all. thus need to know various tax implications involved in it.
29 April 2015
If it is a single residential unit no service tax applicable on it. No TDS applicable if your client is individual and for him no tax audit applicable.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
29 April 2015
sir and regards to my above query iam registered as manufacturer/retail/wholesale under Goa VatAct can i charge vat on my quotation for client and if yes what would be rate of tax.