CMA Jitendra Singh's Expert Profile

Queries Replied : 326

About me

A CMA and having 10 years post qualification experience with various Indian companies & MNCs on accounting,costing & finance in SAP,Oracle finacial,CHEOPS ERP environment.i invite friends for the dicussion on the topics of SAP,Convirsion from IGAAP to IFRS,Excise,Income TAX and VAT etc.

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Javed Ansari says : Service tax code
Thanks for reply

Rekha Sharma says : Regarding Operating lease
Under the opeating lease if property is put under the right to use category i.e covered under the definition of sale as per delhi sales tax act and vat is charged on the lease rentals then why service tax to be paid under the categories you mentioned. I think there shold not be any service tax .

ARUN kUMAR JAIN says : operating/financial lease
pl advise what about operating lease of aircfradr as it is not a immveable property. where servixe tax is applicable and if yes under which clause of service tax. Pl advise.