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Service tax

Service Tax (Legacy) 396 views 1 replies
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Chartered Accountant
32 Points Posted on 15 October 2012

Is Sub Leasing or Sub Renting covers under "Renting of Immovable Property" under Finance Act??

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On 15 October 2012 at 17:14 Report
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STUDENT
73 Points Posted on 15 October 2012

 

if a service provider(X) entered into a contract with service receiver(Y)to provide a taxable service for about  12 months (1/4/2011-31/3/2012) for 20 lakhs.
on 1/4/2011 Y paid as an advance payment to X of Rs. 400000/- .after the end of the first quarter (31/6/2011) X has to pay service tax. he, in mean while provided service to Y. so what is the taxable amount and point of taxation for the first quarter only.
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On 15 October 2012 at 17:32


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