WHETHER GST IS APPLICABLE ON RENTAL INCOME FROM COMMERCIAL PROPERTY OF RS. 2.00 LAKH PER ANNUM OF A INDIVIDUAL PERSON WHO IS ALREADY REGISTERED IN GST HAVING TURNOVER OF GOODS OF RS. 5.60 CRORES DURING F.Y. 2017-18.
PLEASE REPLY ANYONE
NAWAL KISHOR YADAV (AUDIT ASSITANT) (30 Points)
02 June 2018WHETHER GST IS APPLICABLE ON RENTAL INCOME FROM COMMERCIAL PROPERTY OF RS. 2.00 LAKH PER ANNUM OF A INDIVIDUAL PERSON WHO IS ALREADY REGISTERED IN GST HAVING TURNOVER OF GOODS OF RS. 5.60 CRORES DURING F.Y. 2017-18.
PLEASE REPLY ANYONE
CA Mayur Todmal
(Practicing CA)
(7756 Points)
Replied 02 June 2018
yes GSt is payable on rent from commercial property