I have poultry farm, given to lease, monthly lease received 1,40,000/-, poultry shed lease service tax applicable or not applicable? please conform sir
“Renting of immovable property” includes renting, letting, leasing, licensing or other similar arrangements of immovable property for use in the course or furtherance of business or commerce but does not include — (i) renting of immovable property by a religious body or to a religious body; or (ii) renting of immovable property to an educational body, imparting skill or knowledge or lessons on any subject or field, other than a commercial training or coaching centre;
Hence it is taxable..
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