Applicability on interest income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 June 2013
Dear sir
Is service tax applicable on interest income on money lending by an individual.
and
Is service tax applicable on commission income earn from providing loan from one person to another.
Is service tax applicable on interest income on money lending by an individual.
and
Is service tax applicable on commission income earn from providing loan from one person to another.
MOHAMMAD SALIM
(Expert)
08 July 2013
ST not applicable on intt income....
However commision income for providing is subject to service tax.......
However commision income for providing is subject to service tax.......
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