10l is exemption
This query is : Resolved
06 March 2014
Hello,
Greetings to you.
In my company We are paying rent to the land lord from FY2010-11 to till now.
We paid 10L first year and second year also we paid 10L. Please let me know are we liable to pay services tax from the second year. As per my knowledge If we cross the 10L every year only we liable to pay service tax. Please I want to know are we liable or not?
Thank you in advance.
Greetings to you.
In my company We are paying rent to the land lord from FY2010-11 to till now.
We paid 10L first year and second year also we paid 10L. Please let me know are we liable to pay services tax from the second year. As per my knowledge If we cross the 10L every year only we liable to pay service tax. Please I want to know are we liable or not?
Thank you in advance.
06 March 2014
when you are a service receiver, it is not that you are liable to pay service tax. the landlord is supposed to charge service tax.
only in case of reverse charge mechanism, you need to look at the service tax liability.
only in case of reverse charge mechanism, you need to look at the service tax liability.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Section 50-fixed asset-->building ceases to exist
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Gift Received from nonblood relative
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
