Menu
Service tax on renting of commercial property
Replies (2)
As per definition aggregae of all the services provided(not individual ) exceeds 10 Lakhs. U have to apply compulsory registration and collect Service tax on both the commercial propoerty. If both the commercial properties are situated at different jurisdiction then you have to apply for separate registration for both the properties.
Yes as the aggregate limit of Rs. 10 lacs has been crossed you will have to pay service tax.
In the first year you will have to pay service tax on Rs. 1920000 - 1000000 = Rs. 920000
and in subsequent years pay service tax on the total amount of services provided i.e. Rs. 1920000.
Recent Topics :
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- 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.
Related Topics :
CAclubindia
