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.
6 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 March 2022
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
JASKARAN SINGH
(430 Points)
Replied 03 March 2022
Only tds will deduct.... if it comes under tax slab tds..... residential k liye GST exempt....
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 03 March 2022
Tds can't be deducted on Rental Income ..
Dr. Sunil gondvanshi
(35 Points)
Replied 04 March 2022
No gst will b applicatie on dwell residential but if rent is given for commercial purpose gst will apply
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 04 March 2022
No, GST will on rent apply because residential property has been given for residential purpose only.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
