Service tax exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 March 2011
A Company has a professional income of 22 lakhs in a year. My query is whether the Company can avail the benefit of 10 Lakhs?
will it make any difference if it is a first year of operation
will it make any difference if it is a first year of operation
CMA Ramesh Krishnan
(Expert)
26 March 2011
no, you need to pay tax on full turnover
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