Rent
This query is : Resolved
22 September 2013
Dear Sir, My company owns a land measuring 50000 square feet and on which we have built a school infrastructure and rented it out to a Girls' School Society.The school is from Nursery to 12th and affiliated to CBSE. The school is Independent and unaided in the sense its not getting any grant from the Government. Please advise whether my company is required to charge service tax from the School Society running.
Thanks
Vikas
Thanks
Vikas
22 September 2013
if such service amounts exceeds 10 lacs then its chargeable to service tax...
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