bhavesh (article) (131 Points)
06 December 2016One of our client having hospital a pvt. ltd. company under section 12AA I want to know whether repair & maintenance service (without any supply of goods i.e. not works contract) provided by partnership firm to them is taxable or not ??
Sunil Kumar
(Indirect Taxation )
(1246 Points)
Replied 06 December 2016
No it's not exempt. Serial no 13 of Mega exemption provides exemption to religious trust only.
Here is the text of same
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a building owned by an entity registered under section 12AA of the Income-tax Act, 1961 (43 of 1961)and meant predominantly for religious use by general public; |
Regards
CAclubindia
