Rent

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 November 2013 I have a hotel and i have given it to a comoany t run the hotel and the consideration i will get is 20% of gross reciepts.
Now is service tax applicable on can it be called rent.

26 November 2013 yes its rent calculated on revenue basis.

if your rent exceed 10 Lac per annam , then service tax will apply

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 November 2013 But it is not a fixed income....it cant be called as share of revenue what.

27 November 2013 The method of calculation can be differ but its rent by nature.

also you TDS should has been deducted u/s 194I


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

Delhi

B.Com

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details