Business auxilary services - commission received
This query is : Resolved
30 December 2011
Sir,
Our Friend is receiving Rs.1025000/- upto Nov 2011. Now can anybody clarify that the taxable service is the whole amount or the amount exceeding Rs.10 lakhs?
Note : Service Tax Registration done yesterday.
Our Friend is receiving Rs.1025000/- upto Nov 2011. Now can anybody clarify that the taxable service is the whole amount or the amount exceeding Rs.10 lakhs?
Note : Service Tax Registration done yesterday.
30 December 2011
Service tax liability arises only on the amount exceeding Rs. 10 lakhs.
30 December 2011
Sir,
Thank you for your reply. Then What about the serivce tax liability for the next assessment year ? Whether RS.10 lakhs exemption can be availed for next year also ? Please Reply
Thank you for your reply. Then What about the serivce tax liability for the next assessment year ? Whether RS.10 lakhs exemption can be availed for next year also ? Please Reply
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Tax rate change regarding
- GST ISSUE OF INPUT AND OUTPUT GST
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Non filing of I T Returns
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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
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
