TAX should Be deducted on Water Supply Contract ?Why ?
Answer Posted / k.srini
Though water supply is a utility service. However when the
question araises whether Water is a good or service. It
would qualify as goods and not as service. Therefore the
contract for supply of water will not fall under the ambit
of 194 C.
Is This Answer Correct ? | 11 Yes | 5 No |
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