Exemption for services for transfer of a going concern
This query is : Resolved
25 May 2017
Does item 32 in the list of exemptions, mean that the fees we charge for a merger & acquisition transaction, shall be exempt from taxes ?
The exemptions include the following discription "
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;"
Request your advise
Pooja Roy
Strat Team M&A Advisors
The exemptions include the following discription "
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;"
Request your advise
Pooja Roy
Strat Team M&A Advisors
Guest
Guest
(Expert)
26 May 2017
Transfer of going concern I.e transfer of whole business by the owner is not taxable but u provide services in relation to such transfer which is taxable under Services tax as well as under GST
Message likes :
1 times
13 September 2017
That is my understanding, too
Unfortunately, no exemption
:-)
Thank you
Unfortunately, no exemption
:-)
Thank you
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Ito add credit side of bank
- Form 144 TDS Return Validation error
- Closer of business and itc of capital goods
- Capital gain on commercial property and investment in residential property
- Rectification under processing even after 6 months cpc portal
- RCM and same line
- TDS Return Statement Status
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- 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
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
