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payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 November 2010 If a service is rendered worth RS 500000, payment received for 2009-10 is Rs 30000 and balance Rs 20000 is received after two years, Then how the service is taxed?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 November 2010 Service tax payable on receipt basis only.
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 November 2010 THANK U SIR
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