In respect of certain Construction Company, billing is done on completion of milestones as per client's requirement even if work is completed.
Company has decided at the year end such completed work be booked as Un build revenue .
Pl. let us know taxability implications uner Income tax , VAT & Service tax.
It will be nice if I get relevant case laws regards Mukund M Honkan
Company has decided at the year end such completed work be booked as Un build revenue .
Pl. let us know taxability implications uner Income tax , VAT & Service tax.
It will be nice if I get relevant case laws regards Mukund M Honkan