14 July 2010
Renting of property is a taxable service.But what if the property belongs to Govt(Tamilnadu Govt) and has been taken on lease by the landlord who rents the shops on the property ? Is service tax payable by the landlord or is it exempt since it is a Govt property ?
15 July 2010
I think it will be paid on the Govt Property Also. Also u know if Govt takes a commercial Property on Lease, then govt has to pay Tax on that. In Indirect Taxes Govt is treated similar to any other assessee.
CAclubindia
