Articles by Ankit Gupta

Service Tax on Restaurants

Ankit Gupta 01 April 2013 at 14:19

Service Tax on Restaurant Industry By Ankit Gupta and team (argtaxconsultants@gmail.com) Prior to Negative List A new category of taxable service for levy of service tax on restaurants was introduced by insertion of sub-clause (zzzzv) in cl

TDS under Section 194A

Ankit Gupta 07 December 2012 at 11:56

TDS under Section 194A Delayed Payment of Purchase Bills By CA. Ankit Gupta (argtaxconsultants@gmail.com) Issue: Whether there is any requirement of withholding tax (TDS) under section 194A of the Income tax Act, 1961 (

Records under Service Tax

Ankit Gupta 06 December 2012 at 11:04

Service Tax Rules, 1994 Rule 5 of the Service Tax Rules, 1994 relates to the records to be maintained by the assessee. The said rule provides that the assessee is not

Service Tax on Commission from MNC

Ankit Gupta 01 December 2012 at 12:10

Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders