Service tax & property tax

CA Chandani (CA) (217 Points)

14 March 2012  

Just a Query about Co relation of Service tax  on Rent & Property TAx Paid.

 

If an entity pays ST on Rent as leviable......& also Property tax against same property.....is any setoff available among the two.

 

Say if 100Rs Rent

Rs 10 Property Tax

& ST caln also comes to say 10Rs.

Thn Property tax set off is availble or not.

or the viceversa ......

Kindly Let me know.

 

Thanks & Regards