Menu
Applicability of Rental Income
A Building owner received Rent +CGST+SGST from othei.Building owner have GST Number.He issues any Documents.
Replies (5)
everything alright?
thank you and congratulations.
thank you and congratulations.
dear sir what you want to ask
Building owner will issue tax invoice for the same. Rent amount will be his income and he will be liable to deposit the CGST/SGST to govt.
Since the builder owner is having a GST number he is required to raise Tax invoice with HSN of renting of immovable property. For immovable property it is always CGST and SGST.
Prabhkanwal Kaur and Uttam answers is correct.
Recent Threads
- Consortium Partnership: GST and TDS query
- Luxury premium car - Lease or Loan
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
- Shall I pay GST payment for unkonwnly cancelled in
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
Related Threads
CAclubindia
