One of my frend is receiving rent from mobile company for using roof of his building for mobile tower. He wants to know whether this is liable to service tax.
deepak acharya (PARTNER) (30 Points)
02 January 2012One of my frend is receiving rent from mobile company for using roof of his building for mobile tower. He wants to know whether this is liable to service tax.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 02 January 2012
Yes, this is liable to service tax levy under taxable service category "rent", provided the total yearly tornover exceeds 10L.