Service tax applicable on previous income, exceed 10 lac
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 February 2015
If i am service provider and i have a prof. income April to Jan 15 Rs.9 Lac and in feb 15 Rs.10 Lac then i have to liable service tax on Rs.9 Lac also if i have register in feb 15. Pls. suggest at the earliest.
Thanks and regards
Pradeep Rana
9899583151
Thanks and regards
Pradeep Rana
9899583151
06 February 2015
For the first year you have to pay service tax on services exceeding 10 lakhs. From next year on wards service tax to be paid from Rs.1.
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