12 July 2012
Non Taxable service as per Guidance note for negative services:-
Sale of space for advertisement in print media Sale of space for advertisement in bill boards, public places, buildings, conveyances, cell phones, automated teller machines, internet Aerial advertising .
but the above is not clearly specified in the negative list.
12 July 2012
Selling of space or time slots for advertisements broadcast by radio or television is taxable only. All type of other advertisement is not taxable.
CAclubindia
