My friend has a commercial property (shop) that he has letout and received rent for it. Does he need to have a ST number and needs to pay ST?
3 Replies
Shubham Gupta
(Business Consultants)
(2077 Points)
Replied 08 August 2016
if rent received is more than 10 lacs in the year then YES he has to get ST registration
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 10 August 2016
Hi subham, okay but since the assessee is an ordinary citizen with no business, ST application document list requires copy of properttership/business deed etc so how will he get it?? Cant he just give his PAN copy and get an ST number?
Shubham Gupta
(Business Consultants)
(2077 Points)
Replied 12 August 2016
You can get a simple propertership deed from notary.
ID proof of proprietor
address proof of place of business.
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