Service Tax on Rental Income

Renting of residential house is not taxable while renting of commercial property is liable to tax. Since rental income from commercial property is less than Rs.10 lakhs , the basic exemption , your are not liable to service tax.

Originally posted by : Unnikrishnan Nair N
	Renting of residential house is not taxable while renting of commercial property is liable to tax. Since rental income from commercial property is less than Rs.10 lakhs , the basic exemption , your are not liable to service tax.

agreed with the above

Your taxable reciepts do not cross the basic exemption limit of Rs. 10 Lacs, hence you are not required to pay service tax.

Originally posted by : jyothi
	I am a salaried person. Apart from Salary ,I get Income from House Property, Rs. 20,00,000 (Lakhs)  per Annum.Out of which, Rs 18 Lakhs is from Property Let out for Residential Purpose and the balance Rs 2 Lakhs fromproperty let out for Commercial Purpose. Do I have to register for Service Tax. Do I have to collect Service Tax on Rental Income from House Property and remit the same to Service Tax Treasury ??

off late is the Service tax has been exempted for Commrcial Properties....? 

is their any case service tax has to paid by tenant or landlord....?

most of the Retaillers are resuing to pay Service tax as it has become a additional out go interms of Rentals payable....and subsequently Landlords are also having problems in paying the service tax as they are paying Property tax, Income tax on the rent recivables.....Now Most of the Retaillers stating that they have fillied a case to get exemption on service tax.....is it true.....do you have any status on this...?

Naidu