TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clarification on Expenditure Tax Act: Luxury Taxes in Room Rent, Discounts Not Deductible, Service Charges Included, Specifics Excluded.</h1> The circular addresses misinterpretations of the Expenditure Tax Act, 1987, particularly regarding room rent computation and chargeable expenditure. It clarifies that luxury taxes levied by states are included in room rent calculations but not in chargeable expenditure. Discounts offered by hotels are not deducted when determining room rent for tax applicability. General service charges, like electricity and room service, are included in room rent but specific charges, such as individual telephone calls, are not. Rental or hire charges within hotels are chargeable to tax unless the premises are not owned by the hotel. These clarifications aim to ensure accurate tax assessment and collection.
TaxTMI 
TaxTMI 
