Service tax on rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 December 2013
I am practising chartered accountant coming within the ambit of service tax. I am paying service tax collected on my professional income only. I am getting rent from residental property.Is service tax applicable on rent received at the rate of Rs.10,000/month.
CA DHEERAJ
(Expert)
06 December 2013
if a person provide any service and such service mention in u/s 66D negative list of service tax
then such act not apply on the person
section 66D negative List point no. 15
Services by way of renting of residential dwelling for use as residence
‘Renting’ has been defined in section 65B of Finance Act, 1994 as ”allowing, permitting or granting access, entry, occupation, usage or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or othersimilar arrangements in respect of immovable property”.
Residential dwelling’ means residential accommodation, but does not include hotel, motel, inn, guest house, camp-site, lodge, house boat, or like places meant for temporary stay.”
then such act not apply on the person
section 66D negative List point no. 15
Services by way of renting of residential dwelling for use as residence
‘Renting’ has been defined in section 65B of Finance Act, 1994 as ”allowing, permitting or granting access, entry, occupation, usage or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or othersimilar arrangements in respect of immovable property”.
Residential dwelling’ means residential accommodation, but does not include hotel, motel, inn, guest house, camp-site, lodge, house boat, or like places meant for temporary stay.”
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
