DEAR SIR
CAN YOU GIVE ME SIMPLE ADVICE ON SERVICE TAX
I HAVE A PROPRITER SHIP COMPANY WHICH IS REGISTERED IN SERVICE TAX AND HAVE GROSS RECEIPTS FOR MORE THAN 10 LACS AND NET RECEIPTS ABOUT
2-3 LACS
WHICH ARE ADDED TO MY PERSONAL INCOME
I HAVE COMMERCIAL PROPERTY ON RENT FOR Rs 2,30,000 P.A ( ALSO PART OF MY PERSONAL INCOME )
DO I HAVE TO PAY SERVICE TAX ON SAME ( RENTAL INCOME ) @ 10.3 % ( IF YES THEN CAN I RECOVER FROM TENANT )
I HAVE HEARD THAT THERE IS NO SERVIVE TAX TILL 10 LACS OF RENT RECEIVED .
I WILL BE GRATEFUL IF YOU WITH YOUR ESTEEM KNOWLEDGE CAN GIVE SOME COMMENT
THANKING YOU
DHEERAJ SAWHNEY
9311133345
CAclubindia
