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Gst on rent

Others 328 views 3 replies

which ITR to file for income from rent on commercial building less than 20 lakh and agricultural income above rs. 5000 whether gst applicable for rent please suggest....

Replies (3)

ITR 2 for income tax filing

GST applicable if your total turnover exceed 20 lakhs.

TNX SIR, WHAT IF HAVING INCOME FROM MORE THAN ONE BUILDING SIR

Answer remains same........... total of rental income from one or more buildings is taxable and ITR 2 can be filed (unless its business sort of thing) ............

GST is anyway liable on aggregate amount only.......


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