Applicablity of point of taxation rule 2011

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2011 hello friends

amendments in point of taxation rule 2011 is from receipt to accrual basis,please suggest whether the same is also applicable to PROFESSIONAL FIRMS VIZ CA/CWA/CS.

03 August 2011 No Professional Firms are exempt.

03 August 2011 CA/CWA/CS need to pay service tax on cash basis. For details pl see clause 5(c) of Notification 25/2011 dated 31/3/2011.


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