Monday, 3 March 2014

Partner shall not be shifted into shoes of sub-contractor if contract awarded to firm is shared by i

IT : Where assessee-firm was formed by two partners for purpose of carrying business of works contract and it got contracts from various Governments and distributed work among two partners and executed work, assessee-firm could not be considered as contractor and its partners as sub contractors of firm to cast liability under section 194C(2) on it


No comments:

Post a Comment