TMI BlogService Tax LiabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... I am expecting this year my rental income from commercial property will cross ₹ 10 lac. My liability starts from the date I cross the limit or from the date of agreement i.e fist april 15. - R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Sharvan Kumar Mehta - The Reply = Service tax registration liability arise when limit exceed rs. 9 Lac and liability to pay tax arise when limit exceed rs. 10lac. So your liability will arise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from the date limit exceed rs. 10 lac. You have to pay the tax on amount exceeding rs. 10 lac. eg. in 2015-16 amount of taxable service becomes 15 lac, then you have to pay the tax on 15-10=5 lacs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Regards - Service Tax Liability - Query Started By: - Manjit Choudhary Dated:- 15-4-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rsonal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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