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Interior work contractor
What is the section underwhich TDS deducted?
So, if you choose your business code as 'Interior decorators' you will fall under sec. 44ADA...
But because of material and labour involved in your job, you come under business category, hence, with suitable code chosen for sec. 44AD, you can declare 8% or more profit margin.
Yes, '06010' a good option.........
Most Welcome ..
Thank God for blessing the opportunity......
contractor for interior work like onsite manufacturer of wardrobe,modular kitchen ,paint and other interior works
WILL COMES UNDER WORKS CONTRACT U/S. 44AD LIBLE FOR 8%
The inclusion of work and labor makes you fall under the “Business Category” and in accordance with the laws of 44AD that have been extended to November 30, 2020. Being the contractors at Wall Curtains, we do provide our services under the label of Business, the final tax deduction still depends on the extent of labor involved in a certain home decor or improvement project.
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