Tarannum Khatri is Chartered Accountant of India and Founder of Taxmasala.in. She is currently practicing in taxation field. Besides practice, she loves music and reading great minds..You connect with her on FB by clicking button on right side.
Budget 2015 brings lots of changes in service tax. Service tax on manpower supply service and security services is covered under full reverse charge now. For better under standing, read
We all know that construction service is taxable if turnover of services exceeds 10 lacks. But notification 26/2012 service tax provides various exemptions to construction services. Let’s have a look.
Meaning of Work Contract “Work Contract” means a contract wherein transfer of property in goods involved in the execution of such contract is leviable to tax as sale of goods
ExemptionsFollowing educational services are exempt. Pre school educational and education up to higher secondary school or equivalent Education as a part of curriculum for obtaining a qualification recognized by any