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Service Tax on Rent

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(Querist)
14 July 2011 Whether Service Tax is payable on the amount of rent received by a concern.(Amount exceeding Rs.10,00,000/-)
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CA Unnikrishnan Nair N

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CA Unnikrishnan Nair N (Expert)
14 July 2011 Renting of immovable property for commercial use is taxable service.

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