28 May 2015
One of my provides consultancy services. I need service tax calculations for f.yr-14-15... please suggest...
April 14-Jan 15 Rs. 7,00,000 gross receipts. Feb-15 Rs.1,00,000 gross receipts Mar-15 he earned rs. 3,75,000..
Totally he earned Rs. 11,75,000/-....
He has not charged service tax on bills till feb-15 since he thought he gross receipts wouldnt cross Rs.10 lakhs for the year...
please suggest the calculations.... on first 8 lakhs should file returns based on includise calculations or should it be ignored and please suggest tax implications on Rs. 3,75,000/-