Basic Exemption Limit of 10 lacs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2010
Person is providing vocational training
it has become taxable from 27-02-2010
the person has Gross recipt for the financial year 2009-2010 above 10 lacs
but gross reciept for the period 27-02-2010 till 31-03-2010 is just 2 lacs
whether he will be eligible for exemption of 10lacs in current and 2010-11 year?
it has become taxable from 27-02-2010
the person has Gross recipt for the financial year 2009-2010 above 10 lacs
but gross reciept for the period 27-02-2010 till 31-03-2010 is just 2 lacs
whether he will be eligible for exemption of 10lacs in current and 2010-11 year?
01 April 2010
Once you have crossed the threshold limit, then you become liable to service tax, irrespective of gross receipts in next years.
03 April 2010
agreed
03 April 2010
100% agree
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
