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Calculation of threshold exemption limit.

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(Querist)
23 March 2014 Whether threshold exemption limit of Rupees Ten Lakh is to be deducted from the value of service portion of the works contract or from the total value of the works contract?
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Rajagopalakrishnan R

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Rajagopalakrishnan R (Expert)
23 March 2014 Threshold limit to be considered with reference to value of taxable portion of Works Contract
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N. Jayaprakash

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N. Jayaprakash (Querist)
24 March 2014 Sir, Thanks
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