Avail Service Tax Credit
Conditions To Claim Service Tax Credit-Apartment Owners Association
An apartment owners association or Housing society can claim service tax credit if the service provided and received by association falls in same category of service. The Finance Act, 2002 has amended Section 94 of the Finance Act, 1994 to provide for credit of Service. As per section 94(2)(ee) of the Finance Act, 1994, Central […]
How To Reduce Service Tax Liability of Apartment Owners Association
The Service Tax Return is required to be filed by any person liable to pay the service tax. A small service provider whose aggregate value of taxable services rendered in the previous year has not exceeded the limit of Rs 10 Lakh is exempted from Service Tax. One important question by apartment owners and it […]
