Eligibility of exemption limit

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..... Eligibility of exemption limit
Query (Issue) Started By: - M M GUPTA Dated:- 8-11-2006 Last Reply Date:- 9-2-2007 Service Tax
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Service Tax
Whether an assessee is eligible to cl .....

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..... aim exemption of Rs. 4.00 lacs every year as is in case of Income Tax for the exemption limit. Reply By Surender Gupta: The Reply: The exemption of Rs. 4 Lacs is available each but not like in Income .....

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..... tax. In service tax, the exemption is dependent on the turnover of the previous year. If the turnover of the previous year exceeds 4 Lacs, you are not eligible for avail in the current year.
Disc .....

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..... ussion Forum - Knowledge Sharing .....

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