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Gross total receipts

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(Querist)
09 February 2012 whether rent recvd to a professional should be included in gross total recepts calculatd for 9000000 limit of registration...
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
09 February 2012 Yes, the limit under service tax in my view is assessee based and not individual service based, Hence rent + prof. receipts to be grossed up to arrive at the total.
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shweta

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shweta (Querist)
09 February 2012 hey rent recvd is frm residencial house not commercial house..
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
09 February 2012 Should the rent be from residential premises.. then it shall not fall under service tax at all..
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shweta

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shweta (Querist)
09 February 2012 sorry i didnt get u ..

rent frm residential premises is included in receipts or not????
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
09 February 2012 Rent from residential premises shall not fall under the service tax net .. hence not to be included..
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shweta

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shweta (Querist)
09 February 2012 ok..thnkx for replyng..

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