Renting of a hotel

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012 If the assessee (A) is a owner of a hotel property, rents the hotel out to Mr. B , is there any liability of service tax on the rent that A receives from Mr. B given that the rent exceeds Rs. 1000000/-

CA Suresh Jain

CA Suresh Jain (Expert)
Follow

30 September 2012 Renting of immovable property is liable to service tax. As per clause 18 of notification 25/2012 Services by way of renting of a hotel, inn, guest house, club, campsite or other commercial places meant for residential or lodging purposes, having declared tariff of a unit of accommodation below rupees one thousand per day or equivalent is exempted from tax.

Now words renting of a hotel is normally construed to be renting of hotel room or an accommodation in Hotel.

If your property fall under the above category you can take a chance to contest a case with the help of a good consultant/advocate for service tax

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

cgagroshg cgagroshg

venkanna setty

Jayaram Bramhajosyula

NITHIN GEORGE

DHRUV PATEL

Subscribe Now

Renting of a hotel

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

CA Final

GST CONSULTANCY

Accountant

Article Assistant