Work contract
This query is : Resolved
10 November 2013
A contractor completes a particular contract in India in 3 years. How will his income earned from said project be assessed? whether yearwise assessment will be done or not? Can you please give me some case law regarding the assessment?
14 November 2013
Hi,
The assessment will be done based on the income declared and returns filed for that particular year.
The assessment will be done based on the income declared and returns filed for that particular year.
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