rental income
This query is : Resolved
CA MAHESH V GHELANI
(Querist)
10 August 2010
my partnership firm (nature of business is kidney hospital)in total receipt rs.40lacs and one part of hospital building like shop are given on rent as a medical store and rent on these medical store rs.18000/-per year for the case service tax is applicale or not......? how to tax calculate...
Anil Kumar Meena
(Expert)
10 August 2010
yes...service tax is aplicable on you..
at flat 12% + cess(3%).
Thanks,
Anil
at flat 12% + cess(3%).
Thanks,
Anil
Anil Kumar Meena
(Expert)
10 August 2010
service tax is applicaple if your consolidated services more then 9lakh,,,whether you give 1 service or 50 services,..
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