https://www.taxtmi.com/caselaws?id=249075 Rule 6(4)(n) of the Karnataka Sales Tax Rules permits a standard deduction for labour and like charges in works contracts when actual expenditure is not ascertainable. Explanation II applies to clause (n) as a whole and requires apportionment of gross profit between goods and labour and other like charges in proportion to their respective components in the turnover. On that basis, gross profit attributable to labour and services remains separately deductible, and the revisional authority's disallowance of that deduction was not sustainable in law. en-us Wed, 02 Apr 2014 00:00:00 +0530 Fri, 17 Jul 2015 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249075 Rule 6(4)(n) of the Karnataka Sales Tax Rules permits a standard deduction for labour and like charges in works contracts when actual expenditure is not ascertainable. Explanation II applies to clause (n) as a whole and requires apportionment of gross profit between goods and labour and other like charges in proportion to their respective components in the turnover. On that basis, gross profit attributable to labour and services remains separately deductible, and the revisional authority's disallowance of that deduction was not sustainable in law. Case-Laws VAT and Sales Tax Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249075