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Exemption limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2011 IF my receipts for the previous year are 4lakhs and in the current year my 1st receipt is 100000 rs and next receipt is 950000 rs then how will the exemption limit of 10Lakhs be calculated

04 January 2011 your Gross receipt has been increased Exemption limit so please registered with service tax and pay service Tax.

04 January 2011 read by this link
http://www.simpletaxindia.org/2009/03/service-tax-exemption-on-1180-lakh.html




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