03 January 2016
Dear Experts one of my Friend is salaried person and he got Service Tax Registration for providing renting on immovable property and pay ST accordingly. Besides that for free time he conduct tuition for college students and his mother doing tailoring (only Stitching ) charges no embroidery or design. my query is that whether the income received is taxable and attracts Service Tax. Please guide me in this regard. Thanks in Advance.
04 January 2016
Dear Service tax is applicable on the tution service proved by your friend. But his mother will get the exemption benefit of Rs.10lakh. but if the receipts from tailoring are more than Rs. 10lakh then liable to service tax.
CAclubindia
