banner_ad

Service tax for club

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 August 2012 Hi good morning
We have a club main objective is to promote rural sports & culture ,our gross collection from members crossed 10.00lakhs is it we are liable for service tax, any amount collected as a share membership fees ,Building fund ,caution Deposit liable for service Tax
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
02 August 2012 No. The amount collected by the members for the benefits of members is not chargeable to service tax. If club starts rendering any taxable service, then it will come under the perview of service Tax.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 August 2012 But any thing shown in Receipt & payment Account as a receipt is taxable
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
02 August 2012 This will depend upon the accounting system the club follows.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details