TaxTMI 
TaxTMI 
My query is, For Financial Year 2005-06 value of services rendered are Rs. 2.5 lacs, it means i am e
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....y query is, For Financial Year 2005-06 value of services rendered are Rs. 2.5 lacs, it means i am e<br> Query (Issue) Started By: - Kaushal Arora Dated:- 26-3-2007 Last Reply Date:- 28-3-2007 Service ....
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....Tax<br>Got 1 Reply<br>Service Tax<br>My query is, For Financial Year 2005-06 value of services rendered are Rs. 2.5 lacs, it means i am eligible for basic exemption of Rs. 4 lacs for financial year 20....
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....06-07. now in 2006-07 i received Rs. 2.5 lacs commission from general insurance co. (liability to pay service tax is on insurance co. and Rs. 4.60 lacs brokerage as sub broker (NSE & BSE). now whether....
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.... service tax is payable on Rs. .60 lacs. Reply By Madhukar N Hiregange: The Reply: It is presumed that the reciver shall pay the St on 2.5 L therefore you need to pay only on 60K.<br> Discussion Forum....
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