Ours is a road construction company. We have entered into a license agreement with a pvt company for toll collection at one of our roads for one year. The pvt company is now asking us to issue FORM V to them. We had called for the legal opinions. One opinion says we should issue form V as we are princpal emplyer for them and another says we should not issue form V as its a license agreement and the work has been alloted as Independent eMplyer to the pvt company. Please advice..its urgent
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Whether a principal employer or not
Replies (2)
you have to issue form V, as they are principals and you are doing the business as sub contractor.
| Originally posted by : U S Sharma | ||
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you have to issue form V, as they are principals and you are doing the business as sub contractor. |
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Sir
I guess I was not able to clearly put up my query..anyways thanks for the reply :-)
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