23 June 2014
Company can not use property for residential purpose as it is only a legal person not natural person. Company has taken on rent to be given to its employees for residential purpose, so Service tax is applicable.
24 June 2014
Here we see the purpose of renting and the purpose in this case is residential. How will it matter, if it's given to company?
Is it any where written that company cannot utilize its property for residential purpose? Because I think company can utilize it for residential purpose if it's given to its employees and directors.
Could you please give me reference to any provision?
24 June 2014
Here we see the purpose of renting and the purpose in this case is residential. How will it matter, if it's given to company?
Is it any where written that company cannot utilize its property for residential purpose? Because I think company can utilize it for residential purpose if it's given to its employees and directors.
Could you please give me reference to any provision?
CAclubindia
