I am engage in construction work
I am labour contractor
I took one plumbing work on services basis.
but one of my client give me money including cost of material
such material I purchased on the name of client
then I have to clarify that material cost will includible in my turnover for the purpose of income tax.
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Whether material purchased on behalf of client is includible in gross receipts
Replies (1)
Consider the payment as reimbursement, if your contract specifies your services only as labour supplier.
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