14 July 2012
now, with the introduction of taxation based on Negative list, category or heads of service are no more. Your friend has to charge 12.36% on invoice, if his taxable turnover exceeds 10 lakhs.
14 July 2012
Thanks for giving reply but the thing is that in which head he is taxable? and if he is taxable as a consultancy services that means Legal Consultancy Services.