sapare Bhavani Bai
asked over 3 years ago
All about taxability of educational services under finance act 1994.I am getting confused after the amendment of entry 9 of mega exemption notification. please help me in this aspect.
acharya
answered almost 3 years ago
The educational services as amended by finance act 2014 If an educational institution provides services to it's students staff and faculty If an educational institution provides by way of transportation to it's students Catering including mid day meal Security or cleaning or house keeping services in such educational institution Services relating to admission to conduct of examination by such institution.
pratham
answered over 3 years ago
The educational services as amended by finance act 2014 If an educational institution provides services to it's students staff and faculty If an educational institution provides by way of transportation to it's students Catering including mid day meal Security or cleaning or house keeping services in such educational institution Services relating to admission to conduct of examination by such institution. The effect of such amendment is Concept of auxiliary educational services stands deleted Exemption only in respect of above services shall be availed Also services provided by way of renting of immovable property to educational institutions stands withdrawn
