TDS on Labour Supply
CA Vineet Goel (CA) (118 Points)
09 July 2008CA Vineet Goel (CA) (118 Points)
09 July 2008
CA Thomas Raju Paravada
(Chartered Accountant)
(570 Points)
Replied 09 July 2008
Hai Vineet,
A sub contractor is a person who carries on the work of a contractor including supply of labour. So its not the specific assignment that should be taken into account for the purpose of TDS.
So tds is deducted @ 1% for Sub contractors.
Mohit Rajvanshi
(Job)
(25 Points)
Replied 09 July 2008
i m hvng sum prob. in nderstng ur Q. i mean to whom u r saying a contractor -- 1 ) Company - 2 ) Contractor-->> 3 ) subcontractor.
CA Vineet Goel
(CA)
(118 Points)
Replied 15 July 2008
Originally posted by :Thomas | ||
" | Hai Vineet, A sub contractor is a person who carries on the work of a contractor including supply of labour. So its not the specific assignment that should be taken into account for the purpose of TDS. So tds is deducted @ 1% for Sub contractors. |
" |
Thank for the reply. But my Question is different. My orgument is that whether the labour supply in that case was in the nature of sub-contractor or contractoror. Labour supply must be in the nature of sub-contractor but only when it takes place for the purpose of completing the main contract. If we take the labour supply which can be used as per our will then the case may be different. What do u think? tell me.
M.Vijaya
(Accountant)
(20 Points)
Replied 23 August 2008
What is the percentage of emplyer contribution in p.f?
and please refer what is the difference rate of employee contribution and
employer contribution?
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