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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. - Reply By KASTURI SETHI - The Reply = Sh.Chaudhary Ji, No such deduction is admissible as these are charges not taxes, cess, duty etc. - Reply By Ganeshan Kalyani - The Reply = What is conversion of land use? - Reply By Manjit Choudhary - The Reply = Mr .....

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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 'conversion charges' only. - Reply By Ganeshan Kalyani - The Reply = Sir conversion charges is not deductible from gross amount for the purpose of calculating service tax liability. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani .....

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