Applicability of Service tax

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2010 I have given my property on rent for running the same as guest house, if service tax is payable on rent?

Shyam Lal Naik

Shyam Lal Naik (Expert)
Follow

04 May 2010 What is the purpose behind running the guest house by the tenant. If it is in the course of business or commerce/ ie. for commercial purpose, ST applicable, as per the budget proposal in this year's budget.

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2010 The purpose is commercial but defination under clause 105 zzzz says that it does not include running of hotels used for residential accomodation. please clarify.

Shyam Lal Naik

Shyam Lal Naik (Expert)
Follow

04 May 2010 Sir,

I stood corrected. In your case, service tax is not attracted, as it is used for residential accommodation. Rightly pointed by you, it is excluded from the definition of immovable property.

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2010 Thanks for the prompt reply.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

DHANASHRI KARMARKAR

CA Aakarsh Jain

Michael & Co.

divakar podaturu

sachingurav

Subscribe Now

Applicability of Service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA