Is service tax applicable on private coaching

This query is : Resolved

karnam bhaskaran (Querist)
Follow

22 August 2015 My son is running a coaching center for the past 1 year imparting training on digital marketing. He has trained 200 students so far. Total Fees collected so far is about 15 lakh. He has to pay office expenses, salaries to trainers and marketing people. He is not employed anywhere and would like to file IT Returns. In addition to IT whether he has to pay service tax? If yes then how much % and on what amount? Please guide me.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

22 August 2015 For the first year he has to pay service tax at 12.36% on 5 lacs( amount exceeding 10 lacs). From next year tax payable on full fees. From 01/06/2015 14% service tax payable.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

RAJENDRA PARAKHI

kambamcr@gmail.com

Sidhartha sankar pillai

P.S.Satya narayana

J.Vijai

Subscribe Now

Is service tax applicable on private coaching

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Article Assistant

GST CONSULTANT

Accountant

CA Final

Manager- Finance and Compliance