1. Whether the service tax is applicable on Section 25 Company?
2. Whether Service tax is to be imposed on Membeship Fee and Subscripttion Charges?
Mamta Batra (CS) (376 Points)
12 January 20101. Whether the service tax is applicable on Section 25 Company?
2. Whether Service tax is to be imposed on Membeship Fee and Subscripttion Charges?
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 13 January 2010
As on date the concept of mutuality has not got accepotacne from the dept. and therefore the liability exists.
Amir
(Learner)
(4016 Points)
Replied 13 January 2010
Dear Mamta,
1) Yes Service tax is tapplicable on Sec 25 Companies...
2) Regarding ur second query can u plz specify in deatils the kind of membership fees like any sports club,etc
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