Hello,
A service provider entered into a 3 months contract for the first time for an amount of Rs 2,00,000 /- per month from April - June. Since his contract is only for 3 months he has not obtained registration as aggregate turnover is less than 20,00,000 /-.
However after the contact got ended, a new contract has been entered again for a payment of Rs. 1,80,000 /- per month for 1 year and since the threshold limit is expected to cross 20,00,000 /- the service provider has obtained regsitration and has been paying taxes from July.
Is he required to pay taxes even for April - June as he was not registered during those three months?
Thanks in advance
CAclubindia
