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Renting of immovable propert

This query is : Resolved 

02 June 2015 Joint owners of Immovable property can avail service tax basic exemption limit each Rs.10,00,000 individually?

02 June 2015 Basic exemption is on service provider basis hence individually exemption can be availed on joint property. Have separate rental agreement and rental receipt.

02 June 2015 yes joint owner can avail the benefit of exemption amount.


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