14 May 2010
We have given a property for rent in the year 2008-2009. And the total rent received is Rs.11.00 Lakhs. However in the month of Nov or Dec there was a High Court decision that the tax is not applicable. Hence we have not registered. What is the status now. How much penalty we have to pay if we register now
We are ready to pay service tax but like to know what will be the penalty
After 2008-09 we have stopped the renting of the property
Now in the year 2010 - 11 we have started renting the property
Now we want to take registration. They will ask the previous penalty or they will proceed now onwards?
CAclubindia
