Renting of immovable property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2015
A person lets out immovable property as reced. rent as follows:
1. vacant land to pvt. ltd.company for 200,000/-
2. Residential house to Company for business for rs.500,000/-
3. Shop for rs.300,000/-
4. Residential House (recd. in Gift from father) to Individual for Rs.11,00,000/-
Whether service tax is levialble.
if yes then on what amount.
1. vacant land to pvt. ltd.company for 200,000/-
2. Residential house to Company for business for rs.500,000/-
3. Shop for rs.300,000/-
4. Residential House (recd. in Gift from father) to Individual for Rs.11,00,000/-
Whether service tax is levialble.
if yes then on what amount.
07 October 2015
No service tax applicable on renting of residential property. For other property service tax payable if it exceeds 10 lacs.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- SALE BILL AGAINST GOODS RETURN
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
