Reimbusement of electricity expenditure
This query is : Resolved
17 October 2012
if tenant reimburse light bill to landlord and landlord issue separate debit note for that than what is value of taxable service. only (i) rent or
(ii)Rent + Amount given as Reimbursement of light bill
(ii)Rent + Amount given as Reimbursement of light bill
17 October 2012
Rent + Amount given as reimbursement of light bill will be value of taxable services
17 October 2012
Only rent will be considered as taxable value. Since separate invoice is raised fro reimbursement of expenses, the same shall NOT be part of taxable value.
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