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Service TAX

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(Querist)
06 March 2010 is service tax applicable for residential property which is let-out for residential purpose?
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Kailash Joshi

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Kailash Joshi (Expert)
06 March 2010 Yes, If aggregate income (of owner) from services is more than 10 lakh.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 March 2010 No.Renting for commercial purpose Service tax applicable not for residential purpose .Sec.65 clause 90a
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