Rent of immovable property

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service tax on rent of immovable property exempted??? dont know whether it is correct or not. but its published in DC paper. please comment if u know anything about it

Thanks

kavitha


Attached File : 36961 1003435 epaper.pdf downloaded: 156 times
Replies (4)

Hmm..very intriguing...will chheck...

Hey, I checked the same. 

I think the paper was referring to renting of residential property which has been exempted from Service tax vide the newly introduced Negative list of services.

Rest all kind of renting of immovable property (except some) are mentioned in Declared Services, hence, fully chargeable to tax.

 

It is better to refer following article

https://www.simpletaxindia.net/2012/06/service-tax-on-renting-of-immovable.html

thanks friends for quick reply


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