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(Querist)
04 April 2016 Renting both Residential and commercial property and exceed 15lacs will it attract service Tax please clarify me
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 April 2016 If the rental value of commercial property exceeds Rs.10 Lakhs then service tax applies
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K J UDAYA KUMAR PILLAI

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K J UDAYA KUMAR PILLAI (Querist)
04 April 2016 thanks sir, my query we need to pay for both commercial and residential properties
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K J UDAYA KUMAR PILLAI

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K J UDAYA KUMAR PILLAI (Querist)
04 April 2016 we have a 11 lacs from commercial property and 4 lacs on residential property for whole the amount we need to pay the service tax
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 April 2016 you need to pay service tax only on commercial property rent
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K J UDAYA KUMAR PILLAI

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K J UDAYA KUMAR PILLAI (Querist)
04 April 2016 in another case we have the rental income on residential property of Rs 12 lacs I believe for this no need to pay tax. Because of Residential property there is no service tax it

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