Service tax - tax audit

Tax queries 558 views 3 replies

 My question is whether service tax is included in calculating Gross Sales for the purpose of Section 44AB? The Rs.40 lakhs limit is inclusive or exclusive of service tax?

Kindly reply

Replies (3)
Originally posted by :Dhruv
"  It is inclusive of Service Tax "


 

Yes, service tax is to be included in calculating "gross receipts."

Included in turnover


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register