Menu
clarification sought
is setting up of solar plant for renewable energy production falls under works contract
Replies (2)
YES IT IS ... NEED TDS TO BE DEDUCTED U/S 194C
Online updated classes for CA CS CMA
clarification
shashidharag • 05 July 2018
taxable person is into establishing renewable energy production solar plant as per the requirements of the client or another taxable person. He has entered 3 agreement with client such as supply, construction and service agreements. He is issuing supply invoices as per the rate of tax of goods. Please clarify whether this amounts to works contract or not. Also clarify if this amounts to works contract then invoice can be issued based on rate of tax of goods. I believe outward tax is 18 %
clarification
shashidharag • 05 July 2018
taxable person is into establishing renewable energy production solar plant as per the requirements of the client or another taxable person. He has entered 3 agreement with client such as supply, construction and service agreements. He is issuing supply invoices as per the rate of tax of goods. Please clarify whether this amounts to works contract or not. Also clarify if this amounts to works contract then invoice can be issued based on rate of tax of goods. I believe outward tax is 18 %
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
