Service tax on compensation paid for cancellation of an agreement

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ervice tax on compensation paid for cancellation of an agreement<br> Query (Issue) Started By: - tailor jaffrulla khan Dated:- 6-4-2010 Last Reply Date:- 27-7-2013 Service Tax<br>Got 2 Replies<br>Serv....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ice Tax<br>Whether Service tax is applicable on compensation paid on cancellation of agreement to sell? Reply By Sumit Aggarwal: The Reply: No till now as there is no service tax will applciable on th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is transacation as the transacation of sell of property is not liable to service tax and the transaction in question is incidental to sell of property. Reply By Ashok Jogalekar: The Reply: If the agr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eement is for providing service and in case of cancellation of such agreement or contract if any compensation is received, then service tax would be payable by the receiver on such consideration recei....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ved.<br> Discussion Forum - Knowledge Sharing ....