Service tax on partners of ca firms

This query is : Resolved

Rohit Agarwal (Querist)
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19 October 2015 Hi All,

I have a partnership firm (ABC & co) wherein 3 professionals are partners. Now all three of them are having their own individual professional practices and are willing to join hands together for doing some work together in the partnership while carrying on their individual practices. @ out of 3 professionals are not chargeable to service tax in their individual capacities.

Now my question is can the receipts earned by the partners of ABC & Co. in their individual capacities be clubbed with the receipts earned by the firm for the purpose of service tax? (We want to keep them separate.)

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 October 2015 No because for registration purpose 'firm' and 'individual' should be treated separately.
Inference :- choice of 'status'given in ST-1.

Rohit Agarwal

Rohit Agarwal (Querist)
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23 October 2015 Thanks for your reply sir.

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