Hello frnds,AN EMPLOYEE GOES TO AN OFFICIAL TOUR IN ANOTHER CITY AND HIRED A TAXI THERE ON THE NAME OF HIS COMPANY AND REIMBURSED THIS AMOUNT FROM COMPANY.
COMPANY SHOULD REVERSE SERVICE TAX ON SUCH "TAXI HIRING" OR NOT ? & CAN IT TAKE CREDIT OF SUCH AMOUNT ?
SUGGEST ME , THANKS
From when new service tax is notified
PARV & Co.
New Delhi
CA Inter
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My Legal Tax Consultants Pvt. Ltd.
Noida
CA Inter
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CCI
Pro
CAclubindia
