03 October 2013
Greetings. One of our client pays rent for the property which he use for hostel business, amounts - Rs.150000p.m, Rs.150000 p.m and Rs.500000p.m all for different land lords. Can you pls advice me on what all amounts he need to pay service tax? TDS provisions ll be applicable for all the above which I already aware of. And is there any way to waive the service tax liability?
03 October 2013
Service tax will be charged by the landlord on the gross amount of rent(if full amount of rent). In my view, there is no scope for waiver.