Servoce of ca

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sakshi bansal (Querist)
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03 October 2011 if a CA gives consultancy service regarding merger of a company but he did recieve money even after many reminders....is dis incum taxable at the in the hand CA

Pankaj Agarwal

Pankaj Agarwal (Expert)
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04 October 2011 CA is required to discharge service tax only on collection basis. If, no amount has been realised from the customer for the services rendered, then there is no need to discharge service tax liability.

sakshi bansal

sakshi bansal (Querist)
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04 October 2011 bt our teachers are saying dat nw accrual basis is der...n dis is applicable fr our attempt

Pankaj Agarwal

Pankaj Agarwal (Expert)
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04 October 2011 After the recent amendment brought by Finance Act' 2011 service tax is required to be paid on accrual basis, however exemption has been granted to few categories of services wherein service tax can be deposited on collection basis and CA service is among those exempted services.

sakshi bansal

sakshi bansal (Querist)
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04 October 2011 soo plllzzz sir tell me fr my attenpt wat is the actual basis applicable???
im so cnfused sm r sayin its csh n sm its accrual????
n one mr thin sir dat ammendment in CA service dat nw his all srvcs r taxable,,....is 4 our attempt too????

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