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Service Charges

Restaurants can levy GST on Service Charges: MoS for Finance Pankaj Chaudhary

Navasree A.M

Restaurants are allowed by law to impose GST on service fees, the Finance Ministry stated in the Lok Sabha on Monday. This statement comes as the...

Issuance of SCN after 2 years: CESTAT Quashes Service Tax Demand [Read Order]

Relief to Rajasthan Financial Corporation, Service Charges for Prepaid or foreclosure of loan by...

Service Charges accrued but not received cannot be Treated as Assessee's Income: ITAT [Read Order]

No Service Tax on Rajasthan Cooperative Dairy Federation for Collection of Service Charges from Milk...

Collection of Service Charges from Donors by INDIA HIV AIDS ALLIANCE cannot be ground to deny Tax Exemption: Delhi HC [Read Order]

In a significant ruling, the Delhi High Court has held that the collection of service charges from the donors by India HIV AIDS Alliance cannot be treated as a reason to deny the exemption under...

Income earned by NGO from charging Service Charges from its donor is Charitable in Nature: Delhi High Court [Read Order]

The Delhi High Court has held that, Income earned by NGO from charging Service Charges from its donor is Charitable in Nature. The Assessee, NGO India HIV AIDS Alliance has submitted that, the...

Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the service charges are part of rental income and are includable while allowing standard deduction. The assessee, Saurashtra...

Delhi HC Stays CCPA Guidelines Prohibiting levy of Service Charges on Food Bills by Hotels and Restaurants

The Delhi High Court, on Wednesday has stayed the recent guidelines prohibiting hotels and restaurants from levying service charge automatically on food bills. The Central Consumer...

CBIC issues Clarification on Application of RCM on Renting of Motor Vehicles [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has issued a clarification on the subject of the application of Reverse Charge Mechanism ( RCM ) on renting of motor vehicles. The GST Council...

Hotels to be Assessed for Additional Income collected as Service Charges: CBDT [Read Circular]

The Central Board of Direct Taxes (CBDT) has mandated that the hotels / restaurants will be taxed for the additional income collected as service charges under the Income Tax Act, 1961. Last year, the...

Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the service charges collected from the tenant which is incidental to rental income would constitute ‘house property income’ for...