Serrvice Tax.

[Manjit Choudhary]

I have got my Service Tax Regn.for Rentals on Commercial Propery in August 16.Can I claim deduction for Property Tax()Hopuse Tax to Muncipal Body) in June16 while computing the tax payment for thios tax..Broker for arranging the Tenant has also given a Bill with Service Tax Charged,Is it modvateable.Regards.

AI Summary

Deductions on Property Tax and Broker Fees: Conditions for Service Tax Payment and Direct Service Nexus Explained. A user inquired about claiming deductions for property tax and service tax on broker fees related to commercial property rentals. Responses varied: one pointed out that deductions from taxable value require service tax payment and questioned the connection between input and output services. Another cited regulations stating expenses incurred in providing taxable services are included in the taxable value, suggesting deductions are not allowed. However, others indicated deductions for property tax are permissible if service tax is paid, and broker fees can be credited if a direct service nexus is established.