Applicability of service tax on interest on arrears charged

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..... Whether Interest on arreears charged to member by Cooperative Housing Society, comes within ambit of service tax and service tax payable on the same? - Reply By Surender Gupta - The Reply = There is .....

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..... not service tax on Interest received on financial activities. Once a payment becomes overdue and interest being charged on such overdue, such interest can not be taxed as per the provisions. - Applica .....

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..... bility of service tax on interest on arrears charged - Query Started By: - Viral Damania Dated:- 26-8-2007 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post .....

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..... by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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