Dear experts,
we have been paying service tax on rental income being service provider. We have invested some money through Port folio management services. We are getting income in shape of dividend, interest, LTCG AND STCG. Port folio management have been charging service tax on management fee. Now our query is as under:-
Whether we are elligibal to get input tax credit of service tax paid on management fee and reduced our liability by adjusting the input credit.
S.C.WADHWA