Exemption of service tax

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khushal singh (Querist)
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09 August 2013 sir weather rental income taxable under service tax or not.
is rental income covered under negative list?

CA Siddhartha Bhardwaj (Expert)
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09 August 2013 No it is not covered under negative list. Renting of immovable property is a taxable service and service tax is applicable on rent.

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