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Issue ID: 3691
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bill amount +service tax on income tax and vate charges

Date 29 Dec 2011
Replies1 Reply
Views 1469 Views
Asked by
Income tax base question: whether tax applies to billed amount alone or also to included service tax component.
Whether income tax on a customer bill is computed on the billed amount alone or on the billed amount inclusive of service tax is contested; a forum respondent declined to resolve the issue due to insufficient factual detail. (AI Summary)

KNOW YOUR  BILL ON INCOME TAX 

A-    INCOME TAX CHARGED ON BILL AMOUNT

 B-   INCOME TAX CHARGED BILL AMT + SERVICE TAX AMT.

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Replied on Dec 29, 2011
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Incomplete information that too without queriest own views render the discussion forum helpless.

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