Suppose if I had taxable service of more than 10 lac in previous year and in the current year I know that I will have taxable service of 9 lac only...i.e., below the threshold limit. Do I have to pay service tax this year.
Secondly, those having rental income above 10 lac will have to pay service tax in this year. What is the status of caselaws in Supreme Court with regards to dispute of service tax applicability on rental income