Dear Sirs & Madams,
We are a small Consultancy and Construction Company. One of our client is a Not for profit organization registered under Section 25 of the Indian Corporate Law.
In the Last financial year, we have provided some Real Estate Services to the said Not for Profit Company, collected Service Tax and deposited the amounts into the Government Treasury.
Now during their audit, the Auditors has raised an objection and our client wants us to return the service tax money which we have paid into the Government account.
Now ,my question is how do we get back the money from the government or adjust it against future Service Tax payments. What is the process?
I request you valuable advice in this regard.
Thank you very much.
CAclubindia
