Service tax on parking
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2012
Dear All,
Can any one help me please on this issue...
One of my client had given his open land in lease for parking of 4wheelars & 2wheelars to a bank. Now he is getting monthly rent from the bank.Whether he has to pay service tax or not for the rent received upto June-12. If yes, under which service he has to pay tax.. Thanks in advance
Can any one help me please on this issue...
One of my client had given his open land in lease for parking of 4wheelars & 2wheelars to a bank. Now he is getting monthly rent from the bank.Whether he has to pay service tax or not for the rent received upto June-12. If yes, under which service he has to pay tax.. Thanks in advance
Viral Vora
(Expert)
23 November 2012
Yes your client will be liable to service tax under section 66E (a) ie Renting of Immovable Property.
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