Legal Question in Real Estate Law in India
Service tax
We are using vacant land taken on lease. We erect our open to sky plant with temporary structures for our office block. We want to know whether Service Tax on Rental of Immovable Property is applicable.
Asked on 10/02/08, 6:54 am
4 Answers from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Re: Service tax
Service Tax on Rental is presently available for commercial properties only.
Since the activity on the land leased is of commercial nature, service tax will be applicable.
Answered on 10/03/08, 1:15 am
Shrichand Nahar
S.V.Nahar, Advocate
Re: Service tax
Service Tax on Rental is presently available for commercial properties only.
Since the activity on the land leased is of commercial nature, service tax will be applicable.
Answered on 10/03/08, 1:23 am
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Service tax
Yes the service tax is payable.
Answered on 10/03/08, 7:01 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Service tax
Yes, service tax is payable on rents paid to the landlords;
Answered on 10/02/08, 7:40 am
Related Questions & Answers
-
Lease registration in up. We want to register Sub-letting agreement triparties... Asked 10/02/08, 6:36 am in India Real Estate and Real Property
-
Stamp duty i am the 3rd purchaser of the flat in 2002. The 2nd holder while... Asked 9/30/08, 5:07 am in India Real Estate and Real Property