service tax on rent

This query is : Resolved 

25 June 2011 is Service Tax applicable for rent & what is the limit

25 June 2011 Yes Service Tax is applicable on rent on immovable property.

25 June 2011 Hi

there is basic exemtion of 10 lakh

once the the turnover nearing to 9 lakh you need to take a registration & charge 10.3% of services tax on the taxable income.




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