Monthly Payment

sankalp (Tax Consultant ( Income Service Sale Tax )) (107 Points)

29 November 2010

We have pvt ltd company we had regularly make payment of Service tax now this month we do not have any liability.

My query is we have to make payment minimum like `5 if yes is there any challan or what I do ?

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3 Replies

(Guest)

if there is no liability there is no need to pay any tax ,there is no concept of paying minimum tax without any liabilty.

priya (student - article) (45 Points)
Replied 29 November 2010

When the company has no Tax Liability it does not have to suffer any tax. There is no need for any minimum tax payment.

RAHUL KUMAR TAANK (CS PURSUING ) (672 Points)
Replied 29 November 2010

YOUR COMPANY had regularly make payment of Service tax now this month we do not have any liability.

NO............................

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