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Applicability on interest income

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 June 2013 Dear sir
Is service tax applicable on interest income on money lending by an individual.

and

Is service tax applicable on commission income earn from providing loan from one person to another.
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MOHAMMAD SALIM

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MOHAMMAD SALIM (Expert)
08 July 2013 ST not applicable on intt income....

However commision income for providing is subject to service tax.......

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