We are getting rent on one property rs.280,000/-per month in two names @ rs.140,000/- per month after tax deduction is rs.126,000/-
please answer whether we are eligible for service tax or not if yes what amount shall we pay.
Asked on 4/20/11, 11:19 pm
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Basic Service Tax is 10%.
Answered on 5/02/11, 2:23 am
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