I have 2 proprietorship firms.
ACB and DEF.
ABC is an 6 years Company. I get all my foreign inwards in this account.
DEF is an 1 year Company. I have a Service Tax Number for this.
I get few payment where it's an Income for me.
1) In which company should I take the payment?
2) If I take it in ABC, am I liable for service tax? If yes, I don't have Service Tax for ABC.
I get few payment where it's an income for me.
1) In which company should I take the payment?
2) If I take it in ABC, am I liable for service tax AS BOTH COMPANIES ARE MINE? If yes, I don't have Service Tax for ABC.
If I get any INR payment in my personal account , I need to pay 10% service tax on it also ?
CAclubindia
