Income tax vs service tax

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saitejaswi (Querist)
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18 April 2015 Sir,
There is partnership firm pursuing finance business, real estate business. So the firm required to file service tax or income ta return or both ?

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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18 April 2015 income tax must

service tax depends on the quantum and type of services

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saitejaswi

saitejaswi (Querist)
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18 April 2015 is service tax applicable to commission received by rendering financing

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 April 2015 Service tax applicable on commission.

Any charges or amounts collected over and above the interest or discount amounts would represent taxable consideration.

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CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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18 April 2015 yes it wil b applicable

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