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 Ministry of Consumer Affairs, had issued a Guideline on Fair Trade Practices related to charging of service charge from consumers by […]
The post Hotels to be Assessed for Additional Income collected as Service Charges: CBDT [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2DQ43LL
No comments:
Post a Comment