TMI BlogRate of TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... Rate of Tax X X X X Extracts X X X X X X X X Extracts X X X X ..... ed before 1 july and payment is received after 1 july? Reply By Pradeep Khatri: The Reply: The Department has clarified this matter and tax will be 12.36%. Reply By JAMES PG: The Reply: But there ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is a stay on the extra collection of 2.06% by Delhi High Court Reply By Pradeep Khatri: The Reply: Yes, but on professionals like, CA, ICWA and CS. Reply By Harsh Jindal: The Reply: It depends on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... situation. There are three events in a service: 1. Date of Invoice 2. Date of receiving payment 3. Date of providing service If, two events are held before 1 july, then the rate will be 10.30% and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if the two events are held after 1 July, then the rate will be 12.36%.
Reply By Pradeep Khatri:
The Reply:
Very true.... X X X X Extracts X X X X X X X X Extracts X X X X
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