Service tax by trust

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Article Assistant
214 Points Posted on 28 January 2008

 


  dear friends if the Building ownership is in the name of Trust or religious body , wether they can collect service tax?

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On 28 January 2008 at 15:14 Report
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Chartered Accountant
3356 Points Posted on 28 January 2008
rentig of immovable property bya religious body and to a religious body is also excluded in the service tax net so they are not collect service tax
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On 28 January 2008 at 18:37
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CA Final
814 Points Posted on 29 January 2008
A trust owning a building and letting it on rent, is liable to collect service tax if their rent exceeds Rs.8,00,000 per annum.
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On 29 January 2008 at 09:24

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