Hi Gurus ,
Notional rental income ( commercial property) is subjected to service tax or not ?
Please Guide me.
Thanks in Advance
Dr.Raja.
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Service tax on notional rental income
Replies (2)
No notional income is subject to service tax except specified specifically for the purpose of valuation.
Dear Mr. Rahul, "except specified specifically for the purpose of valuation." can you pls elaborate / explain
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