FINANCE BROKER
This query is : Resolved
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?
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?
16 October 2010
Yes, the services are taxable.
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16 October 2010
Thanks very much for the answer. But under which head it will be taxable.
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