Service tax on Rental income
Guest
Reg tax on Rental Income.My client is not receiving full amount of service tax on his rent. Some of the tenant are paying 50% of service tax and some are not paying the service tax.I hv told him that service tax is to be paid by you on the amount of Rent received by applying reverse calculation, but he wants that the department should have some remedy or relaxation to pay the amount which is received only, Pl adv
Client Seeks Relief from Paying Full Service Tax on Rental Income; Advised to Pay on Received Amount Only A client is facing issues with tenants not fully paying the service tax on rental income. The client has been advised to pay the service tax on the rent received using reverse calculation, but seeks a remedy or relaxation from the tax department to pay only on the amount received. The advisor confirms the advice given is correct and suggests the client can present his case to the department, though compliance with statutory requirements is necessary in the interim. (AI Summary)