Accounting guidelines 4 Contractors'/Builders' book keeping

CA Ashish Joshi (CA) (265 Points)

18 January 2011  

 Hi all,

If anybody has experience of Contractors' OR / AND Builders' book keeping then please guide me for their specific considerations.

For example,

Apart from normal book keeping, we have to focus on TDS. Also how the inventory valuation is done ???

Which accounting standards to be focused in deep???


Looking forward for valuable replies......... Its urgent.

Everyone can contribute for their little knowledge for the any of the known area for Contractors / Builders.

Together we will have all queries sorted out....

Please post your knowledge here.


Thanks & regards,

Ashish Joshi