14 December 2013
If, A is a proprietor and he has a business income of Rs. 5 lacs, salary income of Rs. 3 lacs and have a rental income of Rs. 7 lacs. Is he liable to pay service tax ?
you need to check whether business income is in form of service income? if yes, then business income and rent will get clubbed and service tax will apply. else, no.
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