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
- Supply through E-commerce Operators
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- SALE BILL AGAINST GOODS RETURN
- GST ON DAMAGED GOODS
- Taxation on LTCG for property sold after 24JUL2024
- TDS related Query_Liquidated Damages
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
