Service tax on hoarding
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 April 2012
Hi,
IF ASSESSEE IS TRUST AND GIVING ITS HOARDING ON RENT TO ADVERTISING AGENCY WHO IN TURN CHARGE SERVICE TAX TO THEIR CUSTOMER AND DISPLAY ADVERTISEMENT FOR THEIR CLIENT.
IN THIS CASE WHETHER TRUST IS LIABLE TO PAY SERVICE TAX IF YES UNDER WHICH CATEGORY AND FROM WHICH DATE? IF NO THEN GIVE REASONING FOR THE SAME.
Hi,
IF ASSESSEE IS TRUST AND GIVING ITS HOARDING ON RENT TO ADVERTISING AGENCY WHO IN TURN CHARGE SERVICE TAX TO THEIR CUSTOMER AND DISPLAY ADVERTISEMENT FOR THEIR CLIENT.
IN THIS CASE WHETHER TRUST IS LIABLE TO PAY SERVICE TAX IF YES UNDER WHICH CATEGORY AND FROM WHICH DATE? IF NO THEN GIVE REASONING FOR THE SAME.
07 April 2012
trust will be liable for service tax if the amount exceeds 10 lakhs in year.
It would be treated as rent for trust and the ad agency will deduct the tds u/s 194I.
Accordingly, It would be liable for service tax under renting of immovable property and not as advertising agency service.
It would be treated as rent for trust and the ad agency will deduct the tds u/s 194I.
Accordingly, It would be liable for service tax under renting of immovable property and not as advertising agency service.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Filing of Form 10BB instead of Filing Form 10B
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Ineligible ITC claimed
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
