Is service tax payable for rental income of Individual/partners on residential rents or commercial rent receipts?
Menu
Service tax on rental income
Replies (2)
Yes, ST is payable as the property immovable(assumed)......for details see Sec 65(105)(zzzz)ihttps://www.servicetaxonline.com/content.php?id=215s
Service Tax on Rental Income received by letting out property used for the purpose of Residence is fully exempted from the levy of service tax
Refer: https://www.charteredclub.com/service-tax-on-rent-1/
Recent Topics :
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
Related Topics :
CAclubindia
