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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- Annual return in Gst
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
