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Renting of immovable property

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2012 Dear experts one of my client has let out his property to run the RESTAURANT, the rent is Rs.150000/- per month, will it attract service tax? if so is there any abatement for the same? pl clarify
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CA Navin Jain

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CA Navin Jain (Expert)
09 October 2012 yes service tax is applicable.

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