Applicability of service tax
This query is : Resolved
Kejal Pandya
(Querist)
16 August 2010
Hello
A CA firm has taken up consultancy assignment with a company in the areas of accounting, audit and taxation. The scope of work includes mainly, to support the accounts and finance department in replying to various taxation consultants and auditors and provide data to various government agencies. The CA firm is not in an advisory role, neither does it represent the company before any tax authority.
Is the consultancy fees received by the CA firm, from the company covered under service tax net?
A CA firm has taken up consultancy assignment with a company in the areas of accounting, audit and taxation. The scope of work includes mainly, to support the accounts and finance department in replying to various taxation consultants and auditors and provide data to various government agencies. The CA firm is not in an advisory role, neither does it represent the company before any tax authority.
Is the consultancy fees received by the CA firm, from the company covered under service tax net?
Ram Avtar Singh
(Expert)
16 August 2010
Yes, Fee or Professional & Service / Royalty Covered under 194J, TDS applicable @10% (Exemption limit 30000/= P.A.)
Message likes :
1 times
Kejal Pandya
(Querist)
16 August 2010
Sir
Thanx for your reply. But I wanted to know about the applicability of Service Tax and not TDS
Thanx for your reply. But I wanted to know about the applicability of Service Tax and not TDS
Ram Avtar Singh
(Expert)
16 August 2010
service tax applicable @10.30% after corssing exemption limit.
(Exemption Limit up to 10 Lack.)
(Exemption Limit up to 10 Lack.)
Kejal Pandya
(Querist)
16 August 2010
I have a doubt whether this kind of service can be considered as management consultancy service, chargeable to tax undet the ST act as there is no certification work nor is there any advisory work involved in the assignment. Can you please give any reference in support of your answer?
ABHINAV AHUJA
(Expert)
17 August 2010
This can be very much a managment consultancy , however not going into that since it is being provided by a CA firm, the service tax will be applicable under " Chartered Accountant's Service"
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
