Dear Sirs,
I am looking out to start my own business as a broker/commission agent to certain serviced apartments/hotels.
My income will be based on the number of confirmed room bookings as a certain percentage of the rent collected through my referrals.
None of these properties will be paying me a salary or any other fixed income whatsoever.
Now, my question is - will I have to pay service tax on such income received and if so under what category - "Business Auxiliary Service" or "Travel Agent" or any other category? And what is the percentage?
Please help.
Thanks.
Prakkash Loganaathan.
CAclubindia
