Taxable Value for Real Estate Agents

rajeev (owner) (26 Points)

11 January 2011  

What is the value of Real-Estate commissions (FY 2010-11) received, on which the Service Tax becomes taxable.

"Valuation of Taxable Services for charging service tax" on real estate commissions received as an agent, as applicable for FY 2010-11 ending March-2011.

Earlier, i guess it was Rs. 8 lacs beyond which it became taxable for serv.tax.