Security Deposit
This query is : Resolved
DHRUTI THAKORE
(Querist)
22 February 2011
I had given my immovable property on rent and received cetain amount as Security Deposit which I had deposit in Bank and I had received Interest, whether service tax is levieable on this income?. Is there any case law or circular on this
23 February 2011
No service tax on interest income.
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