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Service tax on rental income

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(Querist)
05 July 2015 would there be service tax on a machine being given on annual rent of Rs. 12 lacs but the income is received equally in the name of three persons, 4 lacs each, and each are SSP....
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 July 2015 No service tax applicable as each person is SSP.

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