TMI BlogFranchiseeX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir/Madam, Whether the payment made for taking franchisee of a restaurant service is a capital payment and can this be treated as an assest and amortisation can be taken thereon. and Whether receipt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... made under franchisee agreement for giving the francisee is chargeable to service tax???? Please respond with both the prospect - Reply By Mahir S - The Reply = Sir, Regarding your second query, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the receipt made under franchisee agreement for giving the franchisee is chargeable to service tax. However, exemption is available if such receipt is less than ₹ 10 lacs p.a. - Franchisee - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query Started By: - LARAIB AHMED Dated:- 6-5-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia - 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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