02 February 2015
suppose a client raised a bill of RS.100/- inclusive of all taxes in which servise tax and vat also included with WCT and TDS also in it and it is a works contract ? So what is the amount of income to us ?
and our margin is is this is 15%
So please advise me the treatment of this i am too much confuse that in this there is double taxation occurs?
03 February 2015
bill raise 100/- inclusive of taxes in which service tax ,WCT & TDS Is Included?
and Margin in this is 9% and now we have to calculate the amount of the above condition and then paid to our sub contractor from this? So what is the liability in this for the contractor and company in this?
CAclubindia
