Service tax & property tax

1126 views 2 replies

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

Replies (2)

No such set-off is available.  The property tax is levied on your property as per the applicbale amounts of the Municipal corporation, while the service tax is levied on your the rent whihc is considered as your income.

You get the benefit of property tax paid only if you have let-out your property & you are earning rental income.

Hey Hi,
Really very nice blog. So much impressive blog 

what to say about it. However I guess your 

blog visitors might find it interesting too 
for any real estate., rent or lease residential flats, studio apartments, bungalows and commercial or office space across India. available for sell,rent

PropertyMesh - The reality network


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details