Service tac applicable to individuals
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 August 2013
Sir,
Is the service tax applicable to individuals who are in the business of lending money and earning interest ? pl. urgent.
Is the service tax applicable to individuals who are in the business of lending money and earning interest ? pl. urgent.
CA Suresh Jain
(Expert)
16 August 2013
No service tax applicable on interest income
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
Anil Sankar V
(Expert)
23 August 2013
So, sir it is not applicable.
CA Suresh Jain
(Expert)
23 August 2013
Yes it is not applicable
Anil Sankar V
(Expert)
01 September 2013
Thank you sir
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