My co is pvt ltd co and compnay was paid offcie rent approx Rs 8 lac per annuam to director
kindly advice for this service was is taxable in service tax under rcm or not and any serivce tax will be payable by co under Rcm.
kailash chand dusad (Student CA Final ) (25 Points)
22 September 2015My co is pvt ltd co and compnay was paid offcie rent approx Rs 8 lac per annuam to director
kindly advice for this service was is taxable in service tax under rcm or not and any serivce tax will be payable by co under Rcm.
Niraj Kumar Sinha
(Sr. Officer, SPSIL)
(648 Points)
Replied 23 September 2015
RCM is not applicable on Rent.
CA RAHUL RAMCHANDAN
(Chartered Accountant)
(235 Points)
Replied 23 September 2015
Madhukar N Hiregange
(Chartered Accountant)
(38934 Points)
Replied 27 September 2015
The Co would be liable ONLY if rent was part of Director's remuneration and the director was not a whole time director.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"