Service Tax on Rental Income
This query is : Resolved
13 March 2010
Dear Experts,
We are registered with Service tax under "Mangement, Maintenace or Repair Service" and we have a Annual turnover of Rs.50 Lakhs.
We have also rented a Appartment flat which is owned by our company for monthly rent of Rs.28665/-(Annual Rs.3.4 Lakhs)
My Questions are:-
1) Whether service tax is applicable on Rental income of letting flat
2)If yes, since when it is applicable
3)Under what head we should register with Service tax department
Kindly also note that we are not providing any additional service apart from letting the flat
We are registered with Service tax under "Mangement, Maintenace or Repair Service" and we have a Annual turnover of Rs.50 Lakhs.
We have also rented a Appartment flat which is owned by our company for monthly rent of Rs.28665/-(Annual Rs.3.4 Lakhs)
My Questions are:-
1) Whether service tax is applicable on Rental income of letting flat
2)If yes, since when it is applicable
3)Under what head we should register with Service tax department
Kindly also note that we are not providing any additional service apart from letting the flat
13 March 2010
1) ST is applicable
2) since you are already covered in st net, as soon as you charge rent charge st also,
3) you need to intimate to your ST dept for the additional services you are providing, no additional ST no. required,
2) since you are already covered in st net, as soon as you charge rent charge st also,
3) you need to intimate to your ST dept for the additional services you are providing, no additional ST no. required,
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
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- LIC maturity claim whether taxable
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FCRA 6 E- Intimation
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
