banner_ad

Service tax

Service Tax (Legacy) 744 views 8 replies

One of my client is registered in Service Tax since 2008. In 2008 his income from Business was 11 lakh and paid service as applicable. After this year his income is only 2.5 lakh p.a. and which is from House Property (Rental Income).

In 2012-13: Is he liable to pay service tax on the rental income? Please clarify.

Replies (8)

Yes, he would be liable to pay Service Tax

Once the turnover of the business exceeds Threshold limit of 10 Lakhs, liable for the payment of service tax would remain even in the next year turnover is lower than the threshhold limit

No need to pay service tax.. Because the income you have received is only from house property and unless your nature of business is real estate or construction or letting out of immoveable property then your liable to pay service tax.. 

Yes he is liable to pay the service tax.

The tax applies to renting of commercial property, where the rental amount exceeds the exemption limit of Rs 10 lakh per annum. Present rules, however, exempt renting of immovable property to educational institutions from service tax. Renting of residential property, regardless of the rental amount, is also exempt from service tax.

---------------------------------------------------------------------------------

Miami Beach Florida Real Estate

Dear All i need service tax updation details, Kindly assist me
Dear All i need service tax updation details, Kindly assist me

Dear all

I think Service tax is not liable for payment because have rental income not service provider have income so that It is a income form horse property not. services received. but  i am not confirm. Please if any one known details about this give. because answer is different.


thanks

Regards


Ramanuj

 

Not liable for pay service tax, but return filing to e nil.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details