Hello,
A Charitable Trust is registered under u/s 12AA(1)(b)(ii) r.w.s. SECTION 12 A of the Income Tax ACt 1961. A Property owned by the Charitable Trust is given on rent to the OFFICE OF THE INCOME TAX(HEAD QUARTERS)
Rent amt : Rs. 1,27,700/- p.m.
The Trust is formed to fulfil the following objectives:
RELIEF OF POVERTY
EDUCATION RELIEF
MEDICAL RELIEF
for advancement of society
Does the trust have to collect Service Tax?