1.A Pvt. Ltd. Company is receiving Land Lease Rent from Land given in 1980 on 99 years lease to a Co-operative Society who had constructed Flats for it members.
Will you please tell us the position of service tax in the regard ?
2. Another Tading Pvt Ltd. who is paying its Directors salary , fees , travelling expenses , car and driver ,are its directors shall have to obtain registration under service tax. If its building is rented one and paying service tax on rent , can it claim service tax paid to advocates and freight etc against service tax paid on rent.
Please advise.