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Service Tax on right of collection of rent

Service Tax - Started By: - Kunal Pawar - Dated:- 8-12-2015 Last Replied Date:- 10-12-2015 - If one party 'A' is owner of property which he gives on rent to some tenants for commercial purpose and through Auction, 'A' sells the rights of collection of rent from the tenants to other party 'B' for amount of ₹ 50 Lacs per annum. 'A' receives ₹ 50 Lacs from 'B' per year. Is there any Service Tax liability on 'A' in the said case, if so, und .....

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tax as rental income. The fact that such rent is received through an agent, namely B will not affect Revenue's right to charge and collect the service tax due.I would request other experts of this forum to give their considered opinion about this matter. - Reply By Ganeshan Kalyani - The Reply = The amount receivable by A from B is nothing but rent receivable by A from the tenants. Thus the category of taxable service only because an intermediary is involved does not changes the fact of the .....

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39; and 'B' will not be complete and concrete. My premonition is that it is just planning and contract is still to be executed.However, since Sh.Rajagopalan Ranganathan, Sir, has invited comments so I would like to opine as under :- (1) In this situation both 'A' and 'B' have provided taxable services. 'A' has provided taxable service under the category of 'Renting of Immovable Property' and 'B' has provided service under the category of 'Recov .....

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