<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Exempts service tax on local taxes paid on taxable services of renting of immovable property</title>
    <link>https://www.taxtmi.com/notifications?id=4281</link>
    <description>Exempts the taxable service of renting of immovable property by allowing deduction of property tax levied and collected by local bodies from the gross amount charged for renting when computing the value for service tax; interest or penalty paid to local authorities is not deductible, and property tax must be apportioned where tax periods differ.</description>
    <language>en-us</language>
    <pubDate>Tue, 22 May 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 21 Jun 2012 11:36:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=270541" rel="self" type="application/rss+xml"/>
    <item>
      <title>Exempts service tax on local taxes paid on taxable services of renting of immovable property</title>
      <link>https://www.taxtmi.com/notifications?id=4281</link>
      <description>Exempts the taxable service of renting of immovable property by allowing deduction of property tax levied and collected by local bodies from the gross amount charged for renting when computing the value for service tax; interest or penalty paid to local authorities is not deductible, and property tax must be apportioned where tax periods differ.</description>
      <category>Notifications</category>
      <law>Service Tax</law>
      <pubDate>Tue, 22 May 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=4281</guid>
    </item>
  </channel>
</rss>