Tag Archives: service tax on renting of immovable property

Letting of property attracts TDS provisions, with certain exceptions. Some of the commonly asked questions about TDS on rental income are summarized below. In case, readers have any other questions, please mention in the comment section.   Limit of Rs.180000 – In case, any property – residential or commercial is …

Any income from letting property is taxable as income in the hands of the owner of the property. I have listed out a couple of points which may give you a fair idea about taxation of such income.   A Self-occupied property: When property is occupied by the owner for …

Renting of immovable property is a service and is subject to service tax. Queries on whether all types of properties are covered, how much is covered, what is not covered, etc are dealt in this article.  1. Security or Rental Deposit – Service Tax is not applicable to any amount …