Rent

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2014 I received Rs. 155000 as rent in 13-14 .Any sort of tax i have to pay?

25 August 2014 If u r asking Regarding TDS then u have not to pay (means the payer will not deduct TDS on it).

25 August 2014 if slab rate applicable is then no tax is pyabale

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2014 If there is Any service tax payable?

25 August 2014 if ur gross icome from rent exceeds rs 10lakh then only service tax is applicable.

25 August 2014 If ur Turnover for that service exceeds Rs. 10L then ST is to b charged by u.


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