Filing nil return
This query is : Open
07 April 2014
Sir,
While filing a NIL return is it necessary to give the value of service provided by the assessee in the relevant half year for which return is to be filed?
If yes then how?
While filing a NIL return is it necessary to give the value of service provided by the assessee in the relevant half year for which return is to be filed?
If yes then how?
07 April 2014
Neelkant,
In case you have provided the taxable service below Rs. 10 Lacs, You need to provide the value of taxable services Gross taxable column and in Exemption column the same amount.
Then, your service tax liability will alos be NIL
Feel free to contact in case you require any clarifications
In case you have provided the taxable service below Rs. 10 Lacs, You need to provide the value of taxable services Gross taxable column and in Exemption column the same amount.
Then, your service tax liability will alos be NIL
Feel free to contact in case you require any clarifications
Message likes :
1 times
09 April 2014
Ma'am,
With reference to the above, suppose the service provider is a proprietor and has filed a nil return for his first half year claiming such exemption(assuming the gross receipts for the first half being 4lacs), later during the year converts his constitution,then in such case will the services provided during the next half be taxable after the limit of 6lacs is crossed or a new limit of 10lacs would be allowed to the firm.
With reference to the above, suppose the service provider is a proprietor and has filed a nil return for his first half year claiming such exemption(assuming the gross receipts for the first half being 4lacs), later during the year converts his constitution,then in such case will the services provided during the next half be taxable after the limit of 6lacs is crossed or a new limit of 10lacs would be allowed to the firm.
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
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- GST ON TRAVELLING BILLS
- Indian IT Portal issue in computing tax as per UK-India DTAA
- F & O PROFIT REPORTING FOR AY 2026-27
- 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
