I want to clarify that after the amendment in finance act 2011, the service tax is to be paid not on payment basis but on due basis. Now credit on service tax paid on telephone bill is also to be taken on due basis. And what about the service bill raised up to 31 march march but payment is received in april.
Menu
Service Tax Amendment
Replies (1)
BILL issue date, ( not due date) is to be taken in account,
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
