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renting of co-owned property

Service Tax - Started By: - satbir singh wahi - Dated:- 6-3-2016 Last Replied Date:- 8-3-2016 - Property is co-owned with definite share and it is let out , rent is received individually with individual PAN and TDS. Whether Service tax on Individuals .....

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person or not , the honourable SC in para 21 of the judgement has specifically held that '' if the co-owners proceed further and enter into an arrangement or agreement to have a joint enterprise or venture to produce a common result for thei .....

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property from which the income is generated is same. Thanks. - Reply By CS SANJAY MALHOTRA - The Reply = Dear Mr. Wahi, Would further add to Mr. Ganeshan views that threshold exemption of ₹ 10 Lacs would apply to each Individual. No Doubt DGST .....

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single individual , but it can be taken as statutory guideline as the DGST clarifications can't overrule the Notifications & Circular..... Do refer to the Citation in case as below, which would enable you to strengthen your view point across .....

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case of Raman Lal Bhai patel Vs. State of Gujarat 2008 (2) TMI 859 - Supreme Court Of India in civil appeal no. 4420 of 2004, in which to a question as to whether co-owners together are a person or not , the honourable SC in para 21 of the judgement .....

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