Gross total receipts

This query is : Resolved 

09 February 2012 whether rent recvd to a professional should be included in gross total recepts calculatd for 9000000 limit of registration...

09 February 2012 Yes, the limit under service tax in my view is assessee based and not individual service based, Hence rent + prof. receipts to be grossed up to arrive at the total.

09 February 2012 hey rent recvd is frm residencial house not commercial house..

09 February 2012 Should the rent be from residential premises.. then it shall not fall under service tax at all..

09 February 2012 sorry i didnt get u ..

rent frm residential premises is included in receipts or not????

09 February 2012 Rent from residential premises shall not fall under the service tax net .. hence not to be included..

09 February 2012 ok..thnkx for replyng..


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