legal service

Yash Banthia (Student) (39 Points)

26 May 2016

legal service provided by a CA to a business entity whose last year turnover is 8 lakh would be taxable under reverse charge or exempt?

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3 Replies

Niraj Kumar Sinha (Sr. Officer, SPSIL) (648 Points)
Replied 26 May 2016

Legal Service provided by advocate and arbitrator only comes under RCM.

So RCM will not apply here.

Yash Banthia (Student) (39 Points)
Replied 26 May 2016

Thanks Niraj sir.. Will it be taxable or exempt?

Niraj Kumar Sinha (Sr. Officer, SPSIL) (648 Points)
Replied 27 May 2016

If turnover is more than 10 lacs in last year or you have crossed 10 lacs turnover in current year, it will be taxable.

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