Renting of immovable property
This query is : Resolved
ullas vijayvargeeya
(Querist)
27 December 2013
Respected Expert,
My query is in relation to renting of immovable property services.The query is as follows:-
if in case two landlord of one building in which their share is defined .they are receiving rent from one tenant on the basis of one rent agreement.Whether service tax is to be charged as considering single premises or separately on both service provider.And both service provider have been taken separate service tax registration.
That means i just want to ask whether small service provider exemption of rs. 10 lakh is available to both service provider or only for one premise that mean whether 20 lakh or 10 lakh.
My query is in relation to renting of immovable property services.The query is as follows:-
if in case two landlord of one building in which their share is defined .they are receiving rent from one tenant on the basis of one rent agreement.Whether service tax is to be charged as considering single premises or separately on both service provider.And both service provider have been taken separate service tax registration.
That means i just want to ask whether small service provider exemption of rs. 10 lakh is available to both service provider or only for one premise that mean whether 20 lakh or 10 lakh.
Annu Agarwal
(Expert)
27 December 2013
SSI exemption can be availed by both the co-owners independently .
Please read https://www.caclubindia.com/articles/ssi-exemption-vs-co-owners-of-immovable-property-19277.asp#.Ur2-N9IW3a8
Please read https://www.caclubindia.com/articles/ssi-exemption-vs-co-owners-of-immovable-property-19277.asp#.Ur2-N9IW3a8
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