SERVICE TAX ON RENTED IMMOVABLE PROPERTY-BUILDING
This query is : Resolved
23 December 2010
CAN ANYONE CLEAR MY CONFUSION,
WE ARE RENTING ONE IMMOVABLE PROPERTY(BUILDING) FOR BUSINESS PURPOSE,
DO WE HAVE NEED TO COLLECT SERVICE TAX FROM OUR TENANT.
MANOJ
WE ARE RENTING ONE IMMOVABLE PROPERTY(BUILDING) FOR BUSINESS PURPOSE,
DO WE HAVE NEED TO COLLECT SERVICE TAX FROM OUR TENANT.
MANOJ
23 December 2010
By the Finance Act 2007, Central Government has extended the levy of service tax on renting of property also with effect from 1.06.2007 , under section 65(105)(zzzz) of the Finance Act 1994. Renting includes letting, leasing, licensing or other similar arrangement. Service tax is payable on the rental amount received less the actual amount of property tax paid.
23 December 2010
This is to inform that Punjab & Haryana High Court in the judgment titled as “Shubh Steels vs Union of India” has upheld the levy of service tax on renting of immovable property with retrospective effect.
if u want order pls provide your mail id
if u want order pls provide your mail id
24 December 2010
THANKS FOR YOUR REPLIES.
YOU CAN SEND ME THAT ORDER ON MY EMAIL ID- 'manojmparab@gmail.com'
Thank you
Manoj
YOU CAN SEND ME THAT ORDER ON MY EMAIL ID- 'manojmparab@gmail.com'
Thank you
Manoj
24 December 2010
i had mail to u
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
