Urgent tax query

krishan agrawal (student) (324 Points)

15 September 2013  
Mmy dad is contractor and his turnover for the last year is around 97 lacs does not come for tax audit and i m a ca final student.Last yr my dads ca showed me as my dads material supplier to reduce tax and current year as subcontractor n paid tds u/s 194c on 8 lacs .first time i m gonna pay it return for both fy 11-12 and 12-13 .In my view the above tax strategy is wrong.I need also professional opions from members.Thank you.