Taxability

Shubham Singhal (Student- ICAI) (175 Points)

16 October 2015  

A pvt limited company registered under commercial coaching & training service received a contract from a company for developing an android application for them. The application will be developed and it would be delivered later on the buyer.

What are the taxes applicable? Will only Service tax @ 14% be levied on this transaction?

 

Please reply.