Taxablity under service tax
WebJun 23, 2024 · The Delhi, CESTAT in M/s Seher v. Commissioner of Service Tax Delhi [Service Tax Appeal No. 52708 of 2016 dated June 13, 2024] held that, service tax is not … WebCertain types of income are specifically exempted from tax under the Income Tax Act 1947, subject to conditions. These include: Certain shipping income derived by a shipping company under Section 13A and Section 13E; Foreign-sourced dividends, branch profits …
Taxablity under service tax
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WebApr 10, 2024 · SC: Expounds on principles of tax residency; Upholds Sikkim-based companies’ taxability under IT Act Apr 10, 2024 Simply Register/Sign In to access the free … Web1 day ago · The couple caught the limelight in 2024 when the IRS contented them for owing taxes of more than $300,000 on their earnings from credit card rewards in 2013-2014. Anikeev later dragged the case to the court, and the judge ruled that most of the rewards were not taxable as they were rebates, not income. However, the points they earned for ...
WebJun 6, 2012 · The taxability of services or the charge of service tax has been specified in section 66B of the Act. To be a taxable a service should be –. ♦ provided or agreed to be … http://www.in.kpmg.com/taxflashnews/KPMG-Flash-News-Motif-India-Infotech-Pvt-Ltd-3.pdf
WebOct 8, 2014 · The provisions of registration under Service Tax law have been provided by Section 69 of the Finance Act, 1994. ... Taxability of services based on territorial jurisdiction can be summarised as follows: Sr. No. Conditions. Tax Liability. 1. Both service provider and service receiver are in taxable territory. WebGoods & Services Tax (GST) Go to next level. Goods & Services Tax (GST) Goods & Services Tax (GST) Basics of GST Go to next level. Basics of GST; Basics of GST; Goods and …
WebDear sir Pls tell me about taxability Under Service Tax and GST -Income (FROM RETAIL INDIVIDUAL CUSTOMERS) received from grinding of wheat. Flour Mill www.Taxlok.com Contact No. 07597741801 +91-9001929869, 7230858882
Web1 day ago · Companies who used Amex wire services for making payments were liable to pay a variable service fee of 1.77-3.5% per transaction as business expenses on the tax return. maximum trailer length australiaWebMay 12, 2024 · About the Author: Ram Dutt Sharma, retired from Income Tax Department as Income Tax Officer on 30.06.2024.He has authored 26 books on Direct Taxes so far. Privileged to be recipient of first-ever Finance Minister’s Award 2024 for sustained devotion, commitment to duty and promoting excellence in the field of Direct Taxation at National … maximum trailer width south africaWebregime of taxation has been rightly construed by the adjudicating authority. Any activity must, for the purpose of taxability under Finance Act, 1994, not only, in relation to another, reveal a ‘provider’, but also the flow of ‘consideration’ for rendering of the service. In the absence of any of these two elements, taxability under maximum trailer width australiaWebSep 18, 2024 · Under the service tax law no attempt was made to levy service tax on transfer of Development Rights in terms of Circular No. 151/2/2012- ST dated 10-2-2012. The tax authorities in their anxiety to tax TDRs came up with Notification No .4/2024- CTR dated 25-1-2024 and here too, only registered Land-Owners / Transferors of Development … maximum trailer width canadaWebMay 14, 2013 · Section 66B of the Finance Act, 1994 ( ‘the Act’) is the new charging section which replaced the earlier charging section, paving way for the new and wide net of service tax. This section provides that service tax will be levied at the rate of 12% on the value of all services, other than those specified in the negative list, provided or ... maximum trailer width bcWebApr 11, 2024 · “Under the new regime, which will be the default regime from FY23-24, deductions will not be allowed under chapter VIA of the income-tax act’1961 such as deduction for donations made to ... hernia surgery and meshWebJun 14, 2024 · In India, services mediated by information technology over the internet or an electronic network and with minimal human intervention are taxed under the GST regime.These services are officially called Online Information Database Access and Retrieval (OIDAR) services. This article provides a reference list of OIDAR services and … maximum training heart rate