Tag Archives: taxability of consortium members

Govt clarify taxability of consortium members

By | March 8, 2016

Clarification regarding taxability of consortium members Taxation of consortium of contractors formed to implement Engineering, Procurement and Construction (EPC) contracts/turn key projects has been a subject matter of dispute between Income-tax Department and the consortium. This has been particularly so in cases where each member of the consortium has a clear and district role in… Read More »