CA Bijay Kr. Saha (Asst.Mgr. Accts. & Fin) (72 Points)
05 January 2010Dear All,
I need your expert opinion that what are the possibilites for saving of Service Tax on Cricket Hunt organised by the co.
Amir
(Learner)
(4016 Points)
Replied 05 January 2010
Dear Bijay,
JUST MAKE THE SERVICE RECEIVER DIRECTLY PAY ALL THOSE EXPENSES WHICH U R THINKING OF COLLECTING AS SERVICE CHARGES..
In short avoid reimbursements of expenses...
There is one planning which u can loook for -
Instead of collection of Service Charges for organizing an event just make a contract for sale of Tickets...
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
