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vignesh srinivasan (Querist)
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03 May 2011 sir
1.my client is owing few building which had been let out for Residential and commercial
rental income from above comes to Rs.11 lakhs is he subject to service tax?

2.Room rent of hotels are subject to service tax by new amendment,then any rental income from Property letout for commercial and resedentail put together with room rent of hotel (Proprietor)croses 10 lakhs -service tax is attracted?

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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03 May 2011 Rental of commercial in the pr yr should not have exceeded Rs. 10 Lakhs. If so in this year 10 Lakhs of commercial would be exempted. The accomodation of hotels from 1.5.2011 will have tobe conisdered to reach the 10 lakhs.

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