Person has not paid service tax from f.y. 2009-10, he is earning income from rent.. He wants to calculate service tax on todays date with interest and penalities...so pls. help me to calculate his final liabilty of service tax for f.y. 2009-10, as that time service tax was charged on receipt basis. he issued bills in the last month so shall i calculate interest only from last month or from f.y.2009-10 in which service has been completed... as from 1.07.2011 point of taxation has come into effect..please guide me further.
CAclubindia
