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Querist : Anonymous

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Querist : Anonymous (Querist)
06 November 2014 If any courier company take security deposit for giving franchisee, & later on upon non compliance of any term the same is forfeited, then whether it is liable for service tax or not?

06 November 2014 security deposit is not liable for service tax. (Well, once forfeited, it will be liable for income tax)


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