Only Legal firms are Comes under Service Tax not Independent Practicing Lawyers : BCI

The service tax introduced for lawyers in this year’s budget is applicable only to legal firms and not to independent practicing lawyers cleared by The Bar Council of India (BCI).

Only law firms will have to pay the service tax and not individual lawyers.  Although the service tax will have to be paid only by law firms, clients of such firms will have to spend more.

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1. Simple Tax Regime, Simple Tax Structure, FBT & CTT abolished, Lawyers to pay Service Tax, Corporate Tax remain Unchanged
2. Changes in Service Tax | Budget 2009-10
3. New Eight Services Added under Service Tax
4. Excise Duty and Service Tax Reduced by 2%
5. Notification of Service Tax Reduced to 10% from 12%

Tagged as: News, Service Tax