Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2012 if a person is having st no nd he is not sure whether his income will exceed 10lacs or not ,is he liable to file return on estimated basis??

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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04 July 2012 He can file the NIL return if the taxable turnover does not exceed Rs. 10 Lakhs in previous year or in current year already.

CA Prashant Gupta

CA Prashant Gupta (Expert)
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04 July 2012 if he has ST no then he should file NIL return.

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Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2012 and what abt the quarterly tax?

CA NIKHIL OZA

CA NIKHIL OZA (Expert)
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04 July 2012 As there is no tax liability no payment ..He just need to file half yearly returns...And its not about exceeding 10laks income its all about taxable recpts..

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2012 oki thanks