TMI BlogService tax applicability on proportionate amountX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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