Exemption limit - Meaning of turnover

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....xemption limit - Meaning of turnover<br> Query (Issue) Started By: - Viral Damania Dated:- 27-8-2007 Last Reply Date:- 30-8-2007 Service Tax<br>Got 1 Reply<br>Service Tax<br>To determine exemption of ....

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....Rs8lacs, especiall in case of cooperative housing societies, what component of turnover should be considered? Whether Property Tax, Water Tax to BMC, Interest on arrears, income from ousiders(rent on ....

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....hoardings, advertisement etc)should also be included? Whether all collections Sinking fund, repair fund etc should be included or only maintenance charges should be included.--Thank you so much. Repl....

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....y By Surender Gupta: The Reply: It appears from the query that all charges would be includible except property tex for the purpose of calculation of Rs. 8 Lakhs<br> Discussion Forum - Knowledge Sharin....

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