Service Tax Applicability on Rent on immovable property.
This query is : Resolved
20 March 2010
I just want to clear the concept of Service tax on Rent on movable property such as Motor Car.
Suppose company paying rent to director against his personal motor car which is used by him as provided by company. Since please suggest a solution to my query, whether service tax will be applicable to such rented car.
Rply ASAP.
Suppose company paying rent to director against his personal motor car which is used by him as provided by company. Since please suggest a solution to my query, whether service tax will be applicable to such rented car.
Rply ASAP.
20 March 2010
If vechicle owend by director then receiving rent from company is his perquisite or part of CTC. In that case Service tax will not be applicable. If director providing car to company for office use then director has collect service tax from your company. Regards
S. Pragnesh
S. Pragnesh
20 March 2010
Ur query is for Rent on immvable property and query is for renting of Motor Car which is movable property. Service tax will not be leviable under that head but could be levied as renting a cab
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
- ADVANCE PAYMENT OF ADVOCATE
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Management System (IMS)
- DIN reactivation
- Condonation . E-Verification of last year return .
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
