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

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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vice Tax
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 t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... his 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 ag .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... reement 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 rece .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ived.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X