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nagabhushanam.reddy (CA Job)     13 January 2015

Service tax applicability

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.



 6 Replies

BHUPENDRA ROHILLA

BHUPENDRA ROHILLA (STUDENT)     13 January 2015

Yes, it is taxable. Renting of immovable proverty has been covered by declared services. 

Swaraj Kumar

Swaraj Kumar (Student CA IPC / IPCC)     13 January 2015

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

@*CS Siddharth Bumb. *

@*CS Siddharth Bumb. * (B.Com, CA Final, CS )     13 January 2015

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.


(Guest)
Applicable unless it is a residential property & rented for residential purpose.
shreyas

shreyas (Student)     13 January 2015

Renting for other than residential dwelling attracts service Tax
Soham

Soham (Learning )     14 January 2015

## Applicable : provided Rent whether single or in cumilate exceeds Rs.10 Lacs in a year .


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