Easy Office
LCI Learning

Service tax on returnable security deposit

This query is : Resolved 

18 March 2016 It security deposit is returnable then there is no service tax... law says so... My doubt is... what about the interest that is earned on the security deposit.. Do we add it to the consideration and charge service tax or is it not subject to service tax?

18 March 2016 in my view interest earned is not a service and hence not liable to service tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query