Difference in ITR and Service tax return
This query is : Resolved
29 December 2019
I have received letter of enquiry from Service tax department stating there is difference in income in 26AS form and service tax return for the FY 2015-16.
And they have requested to pay service tax within one week.
I have taken service tax number in November 2015 as my turnover crossed 10 lakhs.
Total turnover was 13 lakhs.
( need to pay service tax for 3 lakhs )
I have stopped my business from December 2015.( within one month of taking service tax)
My questions:
1. I have received notice in August 2019, I am confuse / fear to approach service tax department, do I wait for second letter from service tax department. I have heard there is too much of harresment from dept. Few have suggested me wait and watch.
2. What experts suggest?,
3. Do I apply for a anmesty scheme?
And they have requested to pay service tax within one week.
I have taken service tax number in November 2015 as my turnover crossed 10 lakhs.
Total turnover was 13 lakhs.
( need to pay service tax for 3 lakhs )
I have stopped my business from December 2015.( within one month of taking service tax)
My questions:
1. I have received notice in August 2019, I am confuse / fear to approach service tax department, do I wait for second letter from service tax department. I have heard there is too much of harresment from dept. Few have suggested me wait and watch.
2. What experts suggest?,
3. Do I apply for a anmesty scheme?
30 December 2019
Reply to the notice as you are liable for service tax 3 lacs only as service tax exceed 10 lacs only now.
Opt for amenesty if GST is payable on 3 lacs not paid.
Opt for amenesty if GST is payable on 3 lacs not paid.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- GST rate and HSN code for sale of racing horses
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
