RCM TAX ON JOINT PROPERTY

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... RCM TAX ON JOINT PROPERTY
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 19-7-2022 Last Reply Date:- 20-7-2022 Goods and Services Tax - GST
Got 2 Replies
GST
If proprietor (Regi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... stered with GST) is having joint house property wherein Joint holder is his son who is not registered under GST. They have rented the property and rent received (Income) during the year from their joi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt rented property they will share 50% each for income tax purpose. Whether the proprietor is liable to pay RCM under the above condition. if yes whether he has to pay RCM on 50% or 100% of rent rece .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ived. Reply By Amit Agrawal: The Reply: Both the proprietor and his son are service provider / supplier here. Hence, question of liability to pay gst under RCM upon the proprietor does not arise. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By Shilpi Jain: The Reply: Liability under RCM will arise If such property is rented .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to a registered person..so the tenant is liable and not the landlord.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X