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a person is running a catering business , his income will be business income or professional income ??? 2) whether he would be liable for service tax collection from the customers and then depositing the same to the govt. ??? 3) does vat tax applies on such business/profession ( m.p. vat)??
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Income will be considered as Business Income and service tax is applicable and the caterer would be liable for service tax collection from the customers and then depositing the same to the govt.
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