Direct payment to labour and material supplied by assessee
pooja dedhia
(Querist) 18 August 2014
This query is : Resolved
My father has started the construction of 2 nd floor for warehousing purpose . His business covers under audit . He has delivered the all material of construction and make the payment directly to suppliers .he has paid also to proprietor who charges for the labour . my queries are that what are the liabilities of the my father as a service receiver ? is this cover under work contract? pl guide me . which section of vat and service tax and tds cover ?
malipeddi jaggarao
(Expert) 19 August 2014
Contact the Chartered Accountant who is looking after the accounts of your father.
Suhail A.Siddiqui
(Expert) 19 August 2014
Labour Charges are service taxable.
M V Gupta
(Expert) 20 August 2014
If the laborers are directly engaged by ur father and no contractor is involved, service tax may not be attracted. However pl check with a CA.
T. Kalaiselvan, Advocate
(Expert) 24 August 2014
It is better to consult your auditor who will be having answers for all your related questions too.
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup