Eligibility of exemption limit

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ligibility of exemption limit<br> Query (Issue) Started By: - M M GUPTA Dated:- 8-11-2006 Last Reply Date:- 9-2-2007 Service Tax<br>Got 1 Reply<br>Service Tax<br>Whether an assessee is eligible to cla....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....im exemption of Rs. 4.00 lacs every year as is in case of Income Tax for the exemption limit. Reply By Surender Gupta: The Reply: The exemption of Rs. 4 Lacs is available each but not like in Income ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tax. In service tax, the exemption is dependent on the turnover of the previous year. If the turnover of the previous year exceeds 4 Lacs, you are not eligible for avail in the current year.<br> Discu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssion Forum - Knowledge Sharing ....