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Remuneration from Partnership Firm and rent received

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This query is : Resolved

R S Sai Kumar (Querist)
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07 December 2019 One Assessee is having rental income of Rs.12,00,000 per year and he is also getting remuneration of Rs.12,00,000 from partnership firm, there by the total income is Rs.24,00,000 - is he liable for payment of GST?
please clarify

CA Anita Bhadra

CA Anita Bhadra (Expert)
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07 December 2019 Remuneration from partnership firm is not in nature of services and not liable to tax

The remuneration received from the partnership firm does not qualify as supply itself. Therefore, it is not required to be include for aggregate turnover.

In my view , not liable for payment of GST

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R S Sai Kumar

R S Sai Kumar (Querist)
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07 December 2019 Thank you very much Madam CA Anita Bhadra

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