Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

RCM TAX ON JOINT PROPERTY

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... If proprietor (Registered with GST) is having joint house property wherein Joint holder is his son who is not registered under GST. They have rented the property and rent received (Income) during the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... year from their joint rented property they will share 50% each for income tax purpose. Whether the proprietor is liable to pay RCM under the above condition. if yes whether he has to pay RCM on 5 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0% or 100% of rent received. - Reply By Amit Agrawal - The Reply = Both the proprietor and his son are service provider / supplier here. Hence, question of liability to pay gst under RCM upon the pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oprietor does not arise. These are ex facie views of mine and the same should not be construed as professional advice / suggestion. - Reply By Shilpi Jain - The Reply = Liability under RCM will .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arise If such property is rented to a registered person..so the tenant is liable and not the landlord. - RCM TAX ON JOINT PROPERTY - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 19-7-2022 Goods .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates