Painting Contractor accounting

449 views
User Avatar

47 Points Posted on 05 April 2021
Is painting contract business comes under construction contract ?

How revenue is measured ?
0 Reply Share Follow
On 05 April 2021 at 21:02 Report
Replies (2)
Quick Summary
This discussion clarifies whether painting contracts are considered construction contracts. The consensus is that painting businesses do not fall under the definition of construction contracts. Consequently, the methods for revenue measurement will differ from those used in general construction.

User Avatar

2742 Points Posted on 05 April 2021
I think no.
Reply
On 05 April 2021 at 21:09
User Avatar

Chartered Accountant
24588 Points Posted on 05 April 2021
No, painting business is not construction contract.
Reply
On 05 April 2021 at 21:51

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. IDS Refund: GSTR-2B Invoice Not Validated in State
  2. Self assessment tax paid not reflected in ITR2 fil
  3. Tax on nps corpus
  4. Tired converting GSTR-1, 2B & 3B to Clean Exce
  5. TDS on under construction property not deducted
  6. GST on Fixed Assets
  7. GST ITC april 22
  8. GST PAYMENT REGARDING
  9. GST Consultation Required – June–Augus
  10. TDS Code for Salary Payment to Non-Resident Intern

More recent discussions | Post

Related Topics :

Loading