Dear Sir,
Working in Construction industry.
Currently working PAN India basis for construction activity. and we are contributing statutory contribution of Sub contractor by taking sub contractor employee on our roll.
My query is is it right practice ?
As we make payment to Sub contractor and in turn they make payment to worker
In PL account how we can book the expense of statutory contribution we have paid for our sub contractors ?
Kindly guide.
Thanks & Regards
Pradeep B N
From India , Mumbai
Working in Construction industry.
Currently working PAN India basis for construction activity. and we are contributing statutory contribution of Sub contractor by taking sub contractor employee on our roll.
My query is is it right practice ?
As we make payment to Sub contractor and in turn they make payment to worker
In PL account how we can book the expense of statutory contribution we have paid for our sub contractors ?
Kindly guide.
Thanks & Regards
Pradeep B N
From India , Mumbai
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SC Judgment-No obligation to excess contribution than Statutory Limit.docx
No contribution on salary exceeding statutory limit under EPS 8.11.2013.pdf