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Tax on residential rented property
IS there any service tax or GST on rent received on residential property in India as per finance bill or GST for the financial year 2017-18
Replies (1)
For GST rules & regulation, we will have to wait for some time. As on today, Service tax is applicable on rental services on house property, if exceeds threshold limit of Rs.1,80,000/- Per annum per (co)owner
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