We are having one guest house and the same letout to one private company for monthly rental basis. that amount should be cross the service tax limitation. in this case service tax is applicable for that amount. pls clarify this...................
1 Replies
CA Madhvi
(...Blissful...)
(1658 Points)
Replied 26 November 2011
No service tax islevied on renting of immovable property for residential purposes...
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