hotel tax implications
This query is : Resolved
17 December 2007
one of my known is planning to open a hotel. so pls guide me what are the tax implications for opening the hotel. what kind of taxes are being levied on hotel. we r at the moment planning to provide only accomodation services, no food services. the firm will be proprietorship firm and expected level of services will be below 8 lacs. it will be opened in the state of punjab.
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