16 June 2010
Dear Sir/Madam I wish to clarify regarding service Tax. i.e.Mr.Raj is an Individual held a propert & he let ot that property to a School and getting Rs.200000/-p.m as rent . Wheter Service Tax is applicable to Mr.Raj? if that school is approved by the State Board/CBSE?
16 June 2010
Sec.65(90a) clasue (ii) spcefically excludes the rent of property to educational body , so in your case Service tax not applicable
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 June 2010
Thanks for your information. Is it(Exemption) applicable to a Business Schools And also play Schools? i.e. Rent received from B-School is also exempt from Service tax? Kindly clarify the above doubt