Property tax - renting of immovable property

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 May 2015 Dear Experts,

Property tax paid is to be deducted and then on the net amount service tax is to be computed. However if the property tax is paid by the tenant and not the owner , then can the same be deducted?

Regards

18 May 2015 No. Please see notification 29/2012.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 May 2015 Thanks for the clarification.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query