Retainer ship fees

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 May 2014 whether service tax is applicable to retainer ship fees. Details as under.
1) working with UK based BPO/KPO company situated at Ahmedabad with staff strength 165. In UK Total staff 20 people.
2) Monthly fixed sum transferred in GBP in current a/c totaling annual figure of about in Rs-15 lacs.
3) company engaged in accounts process work by documents transferred thru VPN internet or via DHL courier.
4) All employees are on salary basis except 4 to 5 CA professional are on retainer ship.
Now, simple questions are.
A) whether service tax applicable on monthly fees invoice issued?
B) whether tax audit applicable on such professional income?
C) Under which income tax section export of service income from bpo/kpo are exempted for individual professional fees income. Many thanks in anticipation.

KUMAR trp707@gmail.com

KUMAR trp707@gmail.com (Expert)
Follow

03 May 2014 Q A are you ask ur Technical / SIV/ Superintendent in divisional office and he will clarify ur doubts.

Q B Tax audit applicable (crossed 25 Lacs annual receipts )

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

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

rajkumar yadav

K.S. ANANTHARAJAN

CA. Urmila Mahalwal

Ravikumar

prashant

Subscribe Now

Retainer ship fees

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA