G.E.Sudarsan (Audit Assistant) (97 Points)
27 December 2012The property tax of RS.182000 paid on 19/07/2012 for the period Oct to Mar 2011-12. During the year the service provider was not deducted from the gross amount rent received and excess service tax paid. So the excess service tax paid deducted in the year 2012-13 third qurter oct to dec 2012. Is it correct or not? and if the details of self adjustment intimate to the service tax dept within 15 days.
kavitha
(studying final)
(830 Points)
Replied 27 December 2012
property tax can be claimed with in one year from the date of payment..so adjust accordinglt n pay
regarding intimation to service tax department about the adjustment, it is better to intimate because if may reduce headaches...
CAclubindia
