Dear All,
Property tax paid is to be deducted and then on the net amount service tax is to be computed in case of renting services. However if the property tax is paid by the tenant and not the owner , then can the same be deducted?
Regards
Dipen (article) (458 Points)
17 May 2015Dear All,
Property tax paid is to be deducted and then on the net amount service tax is to be computed in case of renting services. However if the property tax is paid by the tenant and not the owner , then can the same be deducted?
Regards
Prabhaw Agarwalla
(Article Assitant)
(66 Points)
Replied 18 May 2015
I guess if paid by tenant service tax is to be charged on net amount received by owne