rate of service tax on Rent Income

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GOPAL D OCHANI

GOPAL D OCHANI (Querist)
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04 September 2007
Rate of Service Tax on
RENT INCOME

CMA Gul S

CMA Gul S (Expert)
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05 September 2007 service tax on property rental income, meant for commercial use and maintained that dividend distribution tax (DDT) has been kept at marginal rate of 15%

GOPAL D OCHANI

GOPAL D OCHANI (Querist)
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05 September 2007
is service tax on rent income is
applicable for individual and HUF
for (1) Properity in commercial use i.e office, shop, factory shed, machinery on rent, car on rent.

2) rent income for residential use ?

R.V.RAO

R.V.RAO (Expert)
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12 September 2007 FROM 1ST JUNE 2007 SERVICE PROVIDER OF RENTING OF IMMOVABLE PROPERTY ( EXEMPTION LIMIT RS. EIGHT LACS PER ANNUM) HAS TO REGISTER UNDER SERVICE TAX ACT AND COLLECT SERVICE TAX @ 12% ( AND 2% EDU.CESS AND 1% HR. EDU. CESS. ON SERVICE TAX AMOUNT) AND DEPOSIT THE SAME BEFORE 5 TH OF EVERY MONTH. HALF YEARLY RETURN TO FILE BY 25 TH OCT AND 25 TH MARCH EACH YEAR.
R.V.RAO

R.V.RAO

R.V.RAO (Expert)
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12 September 2007 THE HALF YEARLY SERVICE TAX RETURN TO BE FILED FOR MARCH HALFYEAR( OCT TO MARCH) HAS TO BE APRIL 25 TH INSTEAD OF MARCH 25 TH OF EVERY YEAR.ERROR IS REGRETTED.
R.V.RAO

GOPAL D OCHANI

GOPAL D OCHANI (Querist)
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13 September 2007 Dear Friends ( ITR 1 to 8 in excel Formate is available in this site. (1) Select Income Tax on Top, (2) Selecte Files from Left Icon ( 3 ) Go down Near Google second Option SELECT TOP DOWNLOADS. (4) go on changing the page on 3rd page ITR 1 to 8 is available in excel format

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