A firm renders the service of depositing monthly cheques issued in it's name by Tea Gardens in the bank, collects the cash and hands over to the Tea Gardens against some commission.
The garden owner says that due to security reasons they are hiring the service of the service provider.
Is this service taxable ?
Yes, services are taxable under business suport service. The service provider is acting as a commission agent.
Shyam Joshi & Associates
Pune
B.Com
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
Triveni Turbine Limited
Bengaluru
CA
View Details
CAclubindia
