Hi Gurus ,
Notional rental income ( commercial property) is subjected to service tax or not ?
Please Guide me.
Thanks in Advance
Dr.Raja.
2 Replies
CA RAHUL PATEL
(PARTNER)
(57 Points)
Replied 05 February 2014
No notional income is subject to service tax except specified specifically for the purpose of valuation.
SAHIL GARUD
(Chartered Accountant)
(21 Points)
Replied 21 May 2016
Dear Mr. Rahul, "except specified specifically for the purpose of valuation." can you pls elaborate / explain
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