24 August 2014
I AM RECEIVING RENT OF COMMERCIAL BUILDING & PAYING SERVICE TAX REGULARLY. NOW I WANT TO GIVER MY RESIDENCE ON RENT FOR RESIDENCE PURPOSE. PL LET ME KNOW IS THERE ANY SERVICE TAX LIABLITY ON RENT OF RESIDENCE
25 August 2014
No.Pl refer Section 66D of Finance Act,1994,which contains a list of negative services (means ,such services are not services for the purpose of this Act.)Sr.No.(m) of this section reads: services by way of renting of residential dwelling for use as residence.: Therefore renting of residential house for residential purpose will not attract any service tax.ca sagar mal pareek,9824346469