I am a consultant , providing , Sales support in India and SAARC for an overseas client
My consultancy charges annually are more than 10 Lacs
I need to understand how much consulting service tax I will have to pay and @ what rate (in %) I take care of my rentals , communication costs and travel within India which is claimed and refunded to me
I have registered my consulting firm (proprietorship) and also have ST number , I operate current account and all transaction take place with current account
I have Home loans and car loans on my name (prior to registration) , can I take any benefits in tax while I am paying the loans ?
Thanks in advance
I am based in Navi Mumbai and would like to appoint a CA who could help me filing this on regular basis so please leave your phone number & email address , postal address so that I can contact in person