when person letting out his estate (land,buildings and other amenities ) for on a regualr retal basis will attract service tax ?
pls provide your opinion in detail it will be helful.
Menu
Service tax applicability
Replies (6)
Yes, it is taxable. Renting of immovable proverty has been covered by declared services.
Services by way of renting of residential dwelling for use as residence is covered in negative list.
Renting for other than residential dwelling attracts service Tax
| Originally posted by : Swaraj Kumar | ||
 |
Services by way of renting of residential dwelling for use as residence is covered in negative list. Renting for other than residential dwelling attracts service Tax |
 |
Residential dwelling is covered in negative list whereas other than items covered in negative list is covered under declared services.
Applicable unless it is a residential property & rented for residential purpose.
Renting for other than residential dwelling attracts service Tax
## Applicable : provided Rent whether single or in cumilate exceeds Rs.10 Lacs in a year .
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
