Service Tax on Tax work
Srikanth Madoor
Is service tax leviable on professional services rendered by a chartered accountsnt for income tax work ?
Service tax applies to chartered accountants' professional services, except for representation in legal proceedings. A query was raised about the applicability of service tax on professional services provided by chartered accountants for income tax work. Two responses clarified that service tax is indeed applicable to all professional services rendered by chartered accountants, except for services related to representation before statutory authorities during legal proceedings initiated by notice. This implies that chartered accountants must levy service tax on their professional services, barring specific exemptions related to legal representation. (AI Summary)