https://www.taxtmi.com/caselaws?id=61490 Receipts from a composite sand-supply and transportation contract connected with road construction were not treated as retail trading income, because the arrangement involved loading, unloading, royalty, octroi and delivery to site rather than ordinary retail sale. The analysis indicates that such activity may fall within the broader concept of civil construction through the inclusive coverage of works contracts, but the applicable presumptive treatment depends on whether the contract is indivisible or can be split between supply and transport components. As the record did not clearly establish bifurcation or the basis reflected in the TDS certificate, the matter required verification and recomputation of the correct presumptive rate. en-us Fri, 19 Nov 2004 00:00:00 +0530 Wed, 18 Jul 2012 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61490 Receipts from a composite sand-supply and transportation contract connected with road construction were not treated as retail trading income, because the arrangement involved loading, unloading, royalty, octroi and delivery to site rather than ordinary retail sale. The analysis indicates that such activity may fall within the broader concept of civil construction through the inclusive coverage of works contracts, but the applicable presumptive treatment depends on whether the contract is indivisible or can be split between supply and transport components. As the record did not clearly establish bifurcation or the basis reflected in the TDS certificate, the matter required verification and recomputation of the correct presumptive rate. Case-Laws Income Tax Fri, 19 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61490