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Rent for commerciasl property

Service Tax - Started By: - Manjit Choudhary - Dated:- 16-5-2016 Last Replied Date:- 30-5-2016 - I have paid an amount to Muncipal Authorities for conversion of land use.Can I claim deduction for this amt while computing my servicetax liability. - Re .....

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.Kalyani,These are the taxes collected by Muncipal Corporation to allow you to use your residential property to commercial use & these charges are paid annually. - Reply By KASTURI SETHI - The Reply = Sir, These are called 'conversion charges .....

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rty tax paid is only allowed as deduction from the gross amount in case of rent received from renting of immovable property service. Thanks. - Reply By KASTURI SETHI - The Reply = Yes Sir. I agree with you. But here the query is restricted to 'co .....

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