entry no zzzze

This query is : Resolved 

01 July 2009 One culb is receving life time membership fees. those fees are amortised in 10 yaers from the yaer of receipt.
then in such case should society charge service tax on full amount colllected or on the portion of income amortised?

01 July 2009 Service tax is on receipt basis. Hence, you have to pay on receipt of money.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries