Exemption for services for transfer of a going concern
This query is : Resolved
25 May 2017
Does item 32 in the list of exemptions, mean that the fees we charge for a merger & acquisition transaction, shall be exempt from taxes ?
The exemptions include the following discription "
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;"
Request your advise
Pooja Roy
Strat Team M&A Advisors
The exemptions include the following discription "
32. Services by way of transfer of a going concern, as a whole or an independent part thereof;"
Request your advise
Pooja Roy
Strat Team M&A Advisors
Guest
Guest
(Expert)
26 May 2017
Transfer of going concern I.e transfer of whole business by the owner is not taxable but u provide services in relation to such transfer which is taxable under Services tax as well as under GST
Message likes :
1 times
13 September 2017
That is my understanding, too
Unfortunately, no exemption
:-)
Thank you
Unfortunately, no exemption
:-)
Thank you
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- TDR receipts for agreement holder
- Sale of property furniture sale
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Company Incorporation - CA and directors signing from different states
- JOB WORK ITC 04
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
