banking service

suresh v (chartered accountant) (51 Points)

13 May 2010  

sir

one my client  is a Co-operative bank , they collects legal fees ,notice charges , postal expnss,court costs  etc., actually incurred (not in excess of actualy incurred )from borrowers. whether above receipts are taxable under service tax?

waiting for the valuable opinion from the members

with regards

suresh v