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Service Tax Liability on Rent, Service Tax |
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Service Tax Liability on Rent |
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Dear Sir,
Need your guidance on the following issue : Is a company is Liable to pay Service Tax on Rent Received for Guest House from another company whose the only source is rental income and has crossed the thrash hold limit of Rs.10 Lac in previous financial year.
Regards,
Pratyush Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
if the property is not used for commerical purpose no need to pay service tax otherwise you have to pay service tax on abated value as per notification no 26/2012 of service tax.
Yes, you are liable to pay the service tax on renting on immovable property. In you case it is guest house. Page: 1 Old Query - New Comments are closed. |
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