D.Durga Prasad (CA - Student) (78 Points)
07 August 2008Can any one Help me that:
We are Paying a Monthly
1. Rent of Rs. 1,00,000
2.Amenties - Rs.50,000
3. Maintance Charges - Rs,50,000
--------------------------
Total 2,00,000 P.M
---------------------------
Land Lord Mr.X Asking Service on Amount of Rs. 2,00,000+Service Tax 12.36%
I dont Know, Wheteher Amenties and Maintance Charges were cover under the Service Tax Act.
Please help me with breif notes and Ammendments
Regards
Prasad
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 07 August 2008
Yes they are. What your land lord asks is correct.
virupaksha
(service)
(20 Points)
Replied 07 August 2008
| Originally posted by :D.Durga Prasad | ||
| " | Can any one Help me that: We are Paying a Monthly 1. Rent of Rs. 1,00,000 2.Amenties - Rs.50,000 3. Maintance Charges - Rs,50,000 -------------------------- Total 2,00,000 P.M --------------------------- Land Lord Mr.X Asking Service on Amount of Rs. 2,00,000+Service Tax 12.36% I dont Know, Wheteher Amenties and Maintance Charges were cover under the Service Tax Act. Please help me with breif notes and Ammendments Regards Prasad |
" |
Praveen Maniyar
(Professional)
(141 Points)
Replied 07 August 2008
| Originally posted by :S.Srinivasaraghavan | ||
| " | Yes they are. What your land lord asks is correct. | " |
If the Landlord is charging maintenance charges on apportioning the same on all the unit at cost. Can service tax be levied on the same.
| Originally posted by :Guest | ||
| " | we are paying rent Rs.250000/- per month ,deduct TDS-Rent @ 20.60%i.e. Rs.51,500/- and pay Rs.198500/-.,my question is whether it will attract service tax? |
" |
Shyam Lal Naik
(Service)
(6156 Points)
Replied 19 August 2008
Dear Mr. Surekha,
Assuming that you are paying rent on premises taken on rent for commercial use, you are liable to pay service tax. Security charges are also covered under service tax.
CAclubindia
