Clubbing provisions under service tax

This query is : Resolved

Anu (Querist)
Follow

02 February 2017 Dear Expert,

Assessee is renting a commercial immovable property with rental income of Rs.12,00,000- per annum. He is registered with service tax and is also paying service tax and filing regular returns.

He is planning to divide the property equally between him and his spouse by way of family settlement. Due to this his income will fall below 10 lakhs and he is exempt from paying service tax from the next financial year onwards.

Will the rental income from his spouse's share be included in the hands of the assessee by service tax authorities? Is there a clubbing provision akin to section 64 as per Income Tax Act?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

02 February 2017 No such clubbing provisions available in service tax.

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

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

Prashant Kotecha

Akhilesh Chandra

Vasudevan Santhanam

CA Saurabh Jadhav

shobi H

Subscribe Now

Clubbing provisions under service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Accountant

Senior Executive

GST CONSULTANCY

CA Final

Manager- Finance and Compliance