Option to be exercised at beginning of year within 1 month

(i.e.for 2016-17,option to be excercised by 30 April 2016)

The option once exercised cannot be withdrawn during the remaining part of the financial year.

 

  1. Service Tax
  2. Valuation of Taxable Service

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 9 years. He also provides Accounts Tax GST Training in Delhi and Pune.