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Service tax applicability on proportionate amount

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..... x y are the owners of property 'Z'. They let out property 'Z' on rent to a company. rent agreement includes maintenence of lift, common area common lightning ,power back up,security services etc.F .....

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..... urther as per rent agreement rent @40000/= per month is charged (incl.maintenence other services).But on the company letter's head company has indicated to x y (after rent agreement) that it is pa .....

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..... ying 30000/= as rent and balance 10000/= as maintenence charges.query is service tax is payable on what amount n why. - Reply By Surender Gupta - The Reply = There is no service tax on rent received .....

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..... from letting out of a propery. If the maintenance and repair charges are inclusive in the rent there is no scope for biburcate the rent on notional ground. However, in the prensent case, charges for m .....

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..... aintenance and repair is saperately available, it would be liable to service tax. - Service tax applicability on proportionate amount - Query Started By: - puneet Dated:- 22-4-2006 Service Tax - Got .....

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..... 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax .....

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..... TMI - TMITax .....

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