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service tax

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(Querist)
17 May 2016 is there any clause in income tax for refund of service tax deducted from the income of mutual fund distributors? if so what is the procedure to claim the same
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Rupesh Jain

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Rupesh Jain (Expert)
17 May 2016 income tax and service tax both diff act.
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Utpal mehta

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Utpal mehta (Querist)
17 May 2016 ya both are different but can we get the refund of service tax which mutual fund company has deducted from brokerage income?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 May 2016 No, you can not claim service tax refund. But you can claim deduction on service tax deducted as expenses against brokerage income.

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