Service tax on rental income

 guest house Rental income of Rs. 17500/- P.M any service tax applicable and how to caluclulate the service tax

Replies (1)

service liability occurs only when the total taxable turnover of the assesse exceeds Rs 10 lakhs. In your case if you are receiving Rent of Rs 17500 PM for only one customer, then there is no question of charging service tax. 

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