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Coaching class -point of taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2015 A company has been providing soft skills training to the students of a college. It collects fees in the beginning of the year. However not all the students pay at that time. Some students pay at the end of the year.The coaching class is not conducted at a stretch, but is spread over the year. For those who give fees at the beginning, the POT shall be the date of receipt. What will be the POT for the students who make delayed payments?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 September 2015 For delayed payment if no invoice is issued POT shall be the the date of receipt.
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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2015 but the invoice is issued at the time of receipt of fees from the students.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 September 2015 Then that will be the point of taxation.
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