service tax on rent

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CA ROHIT KUMAR SAMAR

CA ROHIT KUMAR SAMAR (Querist)
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25 July 2008 If Service tax is applicable to rental income also and to which extent

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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26 July 2008 To the extent of rental services.

Sanjeev Kumar Varshney

Sanjeev Kumar Varshney (Expert)
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26 July 2008 Dear Rohit

Service tax applicable on renting of immovable properties. If the rental income is not exceeding Rs 9 Lacs this year and you are not providing any other service, you are exempted from charging service tax. If rental income exceeds rs 9 Lacs then Registration is required while charging limit is Rs 10 lacs