Partners Receiving Payment From A Firm Not Liable To Pay Service Tax ...Middle East

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Partners Receiving Payment From A Firm Not Liable To Pay Service Tax
New Delhi:  In a big relief to individuals operating as partners in partnership firms, the Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that any remuneration received by them, as per the obligation of the partnership deed, would be treated as share of profit and not as service under […] The post Partners Receiving Payment From A Firm Not Liable To Pay Service Tax appeared first on Ommcom News.

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