which one of the following is taxable

[SANJEEVKUMAR YADAV]

Hello Sir,

I have just started to learn about taxation and while checking a profit and loss account some exp. and fees are shown. Can you tell me which exp. or fee is not covered in taxation:

advocate fee

audit fee

bank charges

d.g. set exp

electricity exp

machine rent

interest paid to others

land machine exp. office exp.

printing and stationery exp

pump exp.

repairs to machinery

salaries and wages

rent

tanker

telephone expenses

composite fee

AI Summary

Understanding Taxability of Expenses under GST: Advocate Fees, Audit Fees, and More Explained A user inquired about which expenses are taxable under service tax, listing various expenses like advocate fees, audit fees, and salaries. Respondents clarified that with the implementation of GST from July 1, 2017, indirect taxes were subsumed, and registration is required for dealers exceeding a certain threshold. Electricity charges, salaries, and wages are not subject to GST. Other expenses may require further information to determine taxability. It was noted that the query might pertain to a period before GST implementation, and some respondents encouraged self-analysis of such queries, emphasizing the forum's role in discussing practical difficulties.