Service to govt is taxable
This query is : Resolved
13 September 2012
Folks..
Under the BANKING and FINANCIAL services category, a banking company rendering service to RBI is exempt from TAX;
but
services rendered to Govt is taxable..!!
(eg. services to PF/ESI etc)
Pl. share the relevant case law reference and judgement there on..!!
The word "Government" is not defined in the Finance Act..?
and
moreso, we have more PPPs..
Experts.. pl share your opinion
Under the BANKING and FINANCIAL services category, a banking company rendering service to RBI is exempt from TAX;
but
services rendered to Govt is taxable..!!
(eg. services to PF/ESI etc)
Pl. share the relevant case law reference and judgement there on..!!
The word "Government" is not defined in the Finance Act..?
and
moreso, we have more PPPs..
Experts.. pl share your opinion
13 September 2012
Govt includes Central or State. There is no exemption on services rendered to Govt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Applicable TDS for Purchase of Flat from NRI
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Annual return of gst limit
- Form 10BD Filling
- TDS ON CASH WITHDRAWALS...
- LIC Annuity received under Jeevan Akshay Scheme
- ESIC- Employee Registration
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
