06 August 2008
pl. give me ans. of my que. whether service tax liable on disclouse income during the year which is past several year, the incident is that income tax deptt. make a survey u/s 133a at tuition class business which are cover under service tax, at that time undiscloused income of Rs.21,00,000 find out last three or four year, assessing officer say that this net income of current year pay advance tax accordingly, so my question is that whehter such amt. liable for service tax or not, which rate, please reply with ref. as possible as earlier. one other whether such incident cover at present scheme of less than Rs.25,000 benefit of 50% on service tax. ?????
CAclubindia
