Problem in service tax
This query is : Resolved
27 November 2012
hi sir my name is mahesh and i have a query regarding service tax
rental income chargable under service tax Rs.14,00,000 in the F.Y 08-09 which increases the threshold limit of service tax.
but in the next Year Rental Income Is Rs.7,00,000 and assessee was diad so now i want to know that the same income is chargable under service tax because it is below the threshold limit of service tax.
Please answer this on urgen basis
thanks in advance
E-mail: agg.mahesh@yahoo.co.in
Phone : 9811075422
rental income chargable under service tax Rs.14,00,000 in the F.Y 08-09 which increases the threshold limit of service tax.
but in the next Year Rental Income Is Rs.7,00,000 and assessee was diad so now i want to know that the same income is chargable under service tax because it is below the threshold limit of service tax.
Please answer this on urgen basis
thanks in advance
E-mail: agg.mahesh@yahoo.co.in
Phone : 9811075422
CA. B.SRINIVASULU
(Expert)
27 November 2012
Once service tax is attracted to you. In the next year even if it falls below limit you have to pay service tax on the same.
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