Eligible for service tax or not
This query is : Resolved
30 September 2012
Hello Everyone,
i have one doubt in my mind,i want to know whether i am eligible for taking service tax number.
i am estate agent, earning brokerage around 8 lac per year, bank interest around 50,000 and rent around 5,50,000(gross).
someone told me your rent + brokerage cross 10 lac limit of income so you need to take service tax number.
please help me.
i have one doubt in my mind,i want to know whether i am eligible for taking service tax number.
i am estate agent, earning brokerage around 8 lac per year, bank interest around 50,000 and rent around 5,50,000(gross).
someone told me your rent + brokerage cross 10 lac limit of income so you need to take service tax number.
please help me.
30 September 2012
Agreed, Limit of 10 Lac is consolidated limit, not service wise. Now as per recent change all services are covered under service tax except negative list, hence limit is services provided as consolidated not alone. i.e you have to register for service tax no.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
