TMI BlogComposite Works Contracts Tax Liability Effective from June 1, 2007; Calculate Using Applicable Rates if Conditions Met.The liability of composite works contract stand upheld w.e.f. 01/06/2007. The tax liability has to be arrived at applying the rate applicable, including the composition rate, if all the conditions thereof are fulfilled by the assessee - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|