Service tax payable or not?? And what figure was considered ??
This query is : Resolved
Mahir shaikh
(Querist)
09 April 2017
If i give the service to my uncle and uncle give me the costly watch which was with them atleast 10 years then should the service tax was payable on watch ????
CA R SEETHARAMAN
(Expert)
09 April 2017
No service tax payable on service provided to your uncle on free of charge. Treat the costly watch as gift from uncle.
CA R SEETHARAMAN
(Expert)
09 April 2017
No service tax payable on service provided to your uncle on free of charge. Treat the costly watch as gift from uncle.
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