Related to service tax
This query is : Resolved
shilpa solanki
(Querist)
17 February 2015
Sir,
I want to ask my question through an example :
Mr.A gives a commercial building on rental basis to Mr.B and Mr.B is using this building for residential purpose, the query is, Is Mr.A is liable to pay service tax on receiving the rental income, if yes on which basis service tax is to be charged ?
I want to ask my question through an example :
Mr.A gives a commercial building on rental basis to Mr.B and Mr.B is using this building for residential purpose, the query is, Is Mr.A is liable to pay service tax on receiving the rental income, if yes on which basis service tax is to be charged ?
CA Vijaykumar Gutte
(Expert)
17 February 2015
It is under negative list, renting of house for residential purpose, you can use NN 25/2012.
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shilpa solanki
(Querist)
18 February 2015
If Mr.B further let out this property and receiving the rental income but does not pay service tax, Is Mr.A is liable to pay service tax in this case ?
CA Vijaykumar Gutte
(Expert)
27 February 2015
Still it is not liable for service tax as purpose of flat is residential and under negative list it is clearly specified that house used for residential purpose not liable for ST
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