Dear sir, pure labour service for construction of single residential unit is exempt. Suppose if a builder sub contracts the labour part to another person for the said purpose will that also quality for exemption? That is whether consideration charged by sub contracter to builder is also emempt?
Menu
Construction of residential unit
Replies (1)
It will not be exempt, as subcontractor provides different nature of service to main contractor.
Recent Threads
- Poll: Do you spend >30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
Related Threads
CAclubindia
