Dear Team,
My client has his own business and is registered under GST. He has also purchased a residential building in the name of the company and has given the building on rent to residents.
Is he liable to declare the rental income under GST?
Please help. Thanks.
Menu
GST on Building given for Rent
Replies (6)
Show in exempt supplies
Yes.You need declare rental income also under GST.
Check if there is any exemption notification applies to you for residential , dwelling units
Check if there is any exemption notification applies to you for residential , dwelling units
Only tds will deduct.... if it comes under tax slab tds..... residential k liye GST exempt....
Tds can't be deducted on Rental Income ..
No gst will b applicatie on dwell residential but if rent is given for commercial purpose gst will apply
No, GST will on rent apply because residential property has been given for residential purpose only.
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
