28 December 2025
Can any of the esteemed members in this panel throw light on the below :
Lessor (Jointly owned by 2 people) has rented out property to lessee. Lessee has given this property for rent to various people as paying guest accommodation. Lessee receives Rs. 10,000/- as rental income from each person. Whatever rent the lessee in receiving, he is keeping some amount and the rest (around 5 Lakhs) is being transferred to the lessor (to both the individuals equally).
Is GST applicable in the hands of lessor and under which section ?