Menu
Resident rent income
my client doing business of taxable goods he files return accordingly.but he has rent income of resident flat Rs.15000/,per month.so such flat rent income is taxable or tax free?
Replies (10)
Rental income from Residential house is exempted under GST.
Suppose if I'm having 5 houses and I rented all of them at 15000 each/month and doing business of any taxable item so now in this condition does my rental income is taxable or not under GST
Rental income from Residential house is exempted under GST.
OK bro but if a condition become like this that I'm a registered person and doing business of providing house on rent so In this condition also I will not pay tax in gst
Better to understand...
Rental Income from Residential House for residential purpose then it's exempted under GST. GST Tax not applicable as exempted...
In case the residential house rented to commercial purpose then Gst applicable....
Rental Income from Residential House for residential purpose then it's exempted under GST. GST Tax not applicable as exempted...
In case the residential house rented to commercial purpose then Gst applicable....
OK thanks bhai
You are welcome Bhai...🙏🙏🙏
Can you please tell me that if I rented my house for commercial purpose than how much % GST will be applicable
Gst @ 18%
OK thanks bhai
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
