TMI Blogservice tax applicabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... IF MR.A GIVEN RUPEES 10 CRORE TO MR .B FOR MAKING A FILM IN THAT 10 CRORE 5 CRORE IS FOR MAKING THAT FILM REMAINING 5 CRORE IS FOR MR.B REMUNERATION FOR JOB DONE. WHAT IS THE TAX IMPLICATION IN THE HA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... NDS OF MR.B???? IS SERVICE TAX APPLICABLE TO HIM??? IF APPLICABLE ON HOW MUCH AMOUNT HE HAS TO PAY?? WHAT IS THE PERCENTAGE TO PAY??? - Reply By YAGAY AND SUN - The Reply = B will raise a bill/in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... voice of ₹ 10 crore on A to charge service tax on entire amount. - Reply By Ganeshan Kalyani - The Reply = Service tax is applicable on consideration received for service rendered. Here, ͅ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7; 10 crores is received toward consideration for the service, by way of making film, is rendered, hence service tax is applicable. Thanks. - Reply By KASTURI SETHI - The Reply = I support the views ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of both experts. As per Section 67 , ST is leviable on gross amount charged. Pl. read Section 67 (i), (3) of the Act and also definition o f ''Consideration below Explanation (a) of S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 67 of the Finance Act . - Reply By Ganeshan Kalyani - The Reply = Thanks sir. - service tax applicability - Query Started By: - suman suman Dated:- 26-1-2017 Income Tax - Got 4 Replies - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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