Amendments to service tax for landlord and tenanted services
This query is : Resolved
19 March 2012
Dear Sir,
please tell me what effect the changes have as far as the category landlord and tenanted services with regard to obligations of landlords of commercial property under finance bill 2012?
what is the minimum yearly income required under this head to be liable to 12.5 % service tax?
please tell me what effect the changes have as far as the category landlord and tenanted services with regard to obligations of landlords of commercial property under finance bill 2012?
what is the minimum yearly income required under this head to be liable to 12.5 % service tax?
19 March 2012
The subject matter of the query is a taxable service even as per the Finance Bill,2012.
If the annual rent is Rs.10/- lacs or more ,ST attracts @12.36% w.e.f 01/04/2012.
If the annual rent is Rs.10/- lacs or more ,ST attracts @12.36% w.e.f 01/04/2012.
21 March 2012
The expert is correct and I agree with him
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