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(Querist)
14 October 2010 Hi,
My client is in the business of arranging loans from individual ( not from bank) . He gets a monthly commission from the person receiving a loan till loan is repaid.whether on this commission service tax is applicable?
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Rajesh Kumar

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Rajesh Kumar (Expert)
16 October 2010 Yes, the services are taxable.
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CA PRASAD VELANKAR

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CA PRASAD VELANKAR (Querist)
16 October 2010 Thanks very much for the answer. But under which head it will be taxable.
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