Simplified Laws Guide to Taxation and Legal Concern
We have posted a series of QUIZ for the benefit of accountants. This one is about service tax. Hope this helps.
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Quiz on Service Tax
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a friend of mine is having rental more than 10 lacs from more than one commercial properties,do both the tenants are liable to pay service tax
Yes, service tax liability is on the owner of the commercial property. If rental income from all commercial property exceeds Rs 10 lacs, he has to collect service tax from all tenant irrespective of quantum of rent they are paying.
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