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Income from brokerage

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(Querist)
03 January 2015 If Brokerage earning is more than 10 lacs is service tax applicable @?
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2015 Yes, Service tax is applicable. For the first year you will get the basic exemption...above 10 lakh you need to pay
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Rupesh Jain

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Rupesh Jain (Expert)
03 January 2015 yes you have to apply for service tax number.
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2015 Dont forget to claim basic exemption
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
05 January 2015 You first need to mentioned which type of commission you are getting?

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