SERVICE TAX ON NBFC

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..... DEAR SIR One of my client is running a NBFC, he is having income from Interest from loan/ hypothecation transactions, does it chargeable to service tax under banking and financial services or not. .....

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..... - Reply By Madhukar N Hiregange - The Reply = On interest there is no liability. Other incomes maybe subjected to ST - Reply By Pradeep Khatri - The Reply = Dear Nitin, Earning interest is not tr .....

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..... eated at par with providing/receiving services, therefore, no service tax would be leviable. Regards Team YAGAY SUN (Management Indirect Taxation Consultants) - SERVICE TAX ON NBFC - Qu .....

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..... ery Started By: - NITIN GARG Dated:- 20-5-2014 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm .....

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..... anagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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