M/s XYZ ltd constructed building and asked an institution to run the school in that building. For running the school, M/s XYZ ltd pays management fees to the institution. The management fees is around Rs, 12Lakhs. The admission fees, monthly fees is collected by M/s XYZ LTd.
03 June 2009
This particular service attracts service tax under the category of Business Auxialiry Service (provision of service on behalf of the client)