Hi All,
Is Service Tax applicable during the current FY for proprietor if:
Sale Invoice (Business Income) raised is Rs. 8,98,000
Salary Transfer to Bank is Rs. 2,60,000,
But my employer didn't show me as an employee in his company and transfer the amount in my salaried account opened by employer which shows Salary Transfer from XYX. There is no benefit available to me like PF, ESI, Form 16 etc. etc. I have taken this amount as Freelance Business Income in previous year ITR.
My Last year Total Sale is Rs. 7,15,830 and Freelance Income (Salary Income) is Rs. 2,29,935 and STCG is Rs. 1,41,110
Is there Service Tax applicable to me in current year?
Thanks