Commercial Coaching: Only commercial for Government
Prepared By:
CA Pradeep Jain
Mayank Palgauta
The budget, 2010-11 has brought many changes in Service Tax field, although the same was not referred in Finance Minister’s speech. Yet there are many changes in service tax. The service providers of “commercial training or coaching service” are greatly affected due to applicability of new Notifications inserted in this Budget. Prior to this Budget, the word “Commercial” was a point of litigation that this word is to be considered as “for profit making” or not, for service tax purposes.....read more
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