Liability of service tax


This query is : Resolved 

27 March 2009 i have a property which has been given on rent of Rs. 125000/- per Month to a Pvt. ltd. Co. which used this property for the Hotel Business.
During the year 2007-08 i hv paid rs. 24000 on dt. 30.03.2008 as property tax in respect of such property.
accordingly my query is that how can adjust this amout during the year 2008-09.
although i hv collect whole amout of service tax from tenant without considering the amout of property tax.


27 March 2009 Service Tax Collection is got NOthing to do with Property Tax. It is to be cottected on yur rent amount. So pro.tax paid by yuo has got no relevence regards to your service tax

Chandrakant Ambani
Bombay
9819408963
9821240674


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