tax calculation for small service provider
This query is : Resolved
12 October 2010
Till 31.3.2010 my receipts were much below Rs. 10 lacs.
During current financial year I receied the following amounts (cheque+tds)
29.5.2010 Rs. 2,75,750
05.6.2010 Rs. 2,50,000
06.9.2010 Rs. 4,75,000
Total Rs.10,00,750
now since the amount has crossed the basic exemption limit of Rs 10 lacs than please guide me know that at which amount service tax is payable
CA Sanjeev Jain
9811274429
During current financial year I receied the following amounts (cheque+tds)
29.5.2010 Rs. 2,75,750
05.6.2010 Rs. 2,50,000
06.9.2010 Rs. 4,75,000
Total Rs.10,00,750
now since the amount has crossed the basic exemption limit of Rs 10 lacs than please guide me know that at which amount service tax is payable
CA Sanjeev Jain
9811274429
12 October 2010
Service tax is payable only on Rs.750/-
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
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- IT returns for fresh job holders
- F&O reporting in ITR
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Loss of interest in PF transfer from EPFO to Trust
- Short Term Gain Reporting ITR
- Gst on travel by air for business purposes
- Taxability of credit in canara bank ET & T section (NRO)
- ITR-3 File/Error Found
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
