08 October 2011
I AM WORKING A PVT COMPANY. WE HAVE REPAIR & MAINTENANCE INCOME FROM HEAVY VEHICLE REPAIR BOTH FREE AND PAID SERVICE. IS SERVICE TAX IS APPLICABLE ABOVE INCOME. TOTAL INCOME FROM REPAIR & MAINTENANCE IS NEAR ABOUT 5,00,000/- YEARLY.
08 October 2011
The aggregate value of services rendered should be greater than Rs. 1000000. However you have mentioned income and not aggregate value of services , if aggregate value of service is less than 10 lakh , then you do not need to register
CAclubindia
