banner_ad

service tax applicable ?

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 January 2011 Hello All,

i am having a consultancy firm with service income of Rs 9 lakh p.a , i am also getting commercial rent given at my house of Rs. 1.5 lakh p.a,

Question - will i be liable to collect & pay service tax as the total crosess Rs 10 lakh ?

thanks
Profile Image

Ram Avtar Singh

Profile Image

Ram Avtar Singh (Expert)
07 January 2011 Yes. you are lible to pay service tax.on 50000/= after deducting exemption 10 lakh
Profile Image

Shyam Lal Naik

Profile Image

Shyam Lal Naik (Expert)
07 January 2011 Presuming that the consultancy is a taxable service, you are liable to Service Tax.

Commercial rent is an taxable service after rhe amendment of the definition vide Finance Act, 2010 and as upheld by the P & H High Court.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details