Service tax liability on rentel income
This query is : Resolved
19 December 2016
TANKS FOR YOUR REPLY
WE HAVE RENTAL INCOME MORE THEN 25 LAKHS IN SINGLE PAN NUMBER THERE IS ANY SERVICE TAX LIABILITY FOR THE SAME TOTAL NO OF SHOPS 15 FOR THE USE OF COMMERCIAL PURPOSE LIKE : TRADERS , CLOTH MERCHANTS , VEHICLE FINANCE , AND ALSO ONE BAR AND RESTAURANT. TANKS
WE HAVE RENTAL INCOME MORE THEN 25 LAKHS IN SINGLE PAN NUMBER THERE IS ANY SERVICE TAX LIABILITY FOR THE SAME TOTAL NO OF SHOPS 15 FOR THE USE OF COMMERCIAL PURPOSE LIKE : TRADERS , CLOTH MERCHANTS , VEHICLE FINANCE , AND ALSO ONE BAR AND RESTAURANT. TANKS
19 December 2016
Yes service tax payable as total receipts exceeds 10 lacs.
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