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Business auxilary services - commission received

This query is : Resolved 
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(Querist)
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.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
30 December 2011 Service tax liability arises only on the amount exceeding Rs. 10 lakhs.
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Duruva narayanan

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Duruva narayanan (Querist)
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
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