Menu
Building given on rent for commercial puprose
hello, I have a building which I gave on rent to an institution and receiving rent o f 200,000 per year. There are no other incomes apart from my salary. Am I required to charge GST on the rental amount? My tenant is paying me the an amount after deducting some GST, I'm not sure if my tenant's act is justifiable. please suggest.
Replies (2)
You are not required to charge GST if your annual turnover is upto an amount of Rs. 20 lakhs per year.
The act of your tenant of deducting GST is not correct.
The act of your tenant of deducting GST is not correct.
Yes no gst part will involve in ur case
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
