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tax liability upon school buses

Income Tax - Started By: - navya singh - Dated:- 19-9-2016 Last Replied Date:- 27-9-2016 - dear sircan be tax levied upon school buses when they are used for commercial purpose. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you meant for service tax? - Reply By Ganeshan Kalyani - The Reply = The subject refers given an extention as income tax. The activity of imparting education is exempt from income tax under section 10 of Income tax act. But the activity of providing bus for commerci .....

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