12 November 2013
hello frnd i have doubt in respect of renting of hostel service
i am having a hostel of 3 flor whose title deed is in the name of 3 owner like 1 st flor owner, 2nd flor and 3 rd flor owner and i have rentd hostel to institutn for which payment was receivd in mode of 1 chepue in the favor 3 owner. they 3 of them had joint acount too.
my query is that in above mentind case whether 3 owner get indivdual threshold limit of 10lac or not
or it is treatd as a single property and have to make a regstratn undr service tax .
CAclubindia
