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Taxability of Incubatee

Harsh Jindal

Who is Incubatee? What is the taxability of Incubatee?

Clarification on Tax Obligations for Incubatees: Threshold Limit, Negative List, and Mega Exemption Notification Explained. A query was raised regarding the taxability of an incubatee, specifically questioning who qualifies as an incubatee and their service tax obligations. The response advised examining the issue in relation to the Threshold Limit, Negative List, and Mega Exemption Notification to determine tax applicability. (AI Summary)
Service Tax
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