05 December 2012
Dear Sir, During FY 2009-10 i provided "renting of immoveble Property" service & according i charged S.Tax & paid the same to Govt. Afterwards i had not rented my property so i used to file NIL return. However in current FY i have given my one of property on rent but the rent amount during the whole year (FY 2012-13) will be rs.5 lacs 1) MY Que. Should i charge S tax on Bill,( I does not provides any other taxable services). My view is that as gorss amount of taxable value during the year will be less than Rs. 10 Lacs so it is not required. Pls provide your expert Opinion
CAclubindia
