<?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>property tax</title>
    <link>https://www.taxtmi.com/forum/issue?id=110882</link>
    <description>Leasing a residential property for use as a student hostel constitutes commercial use and attracts service tax under renting of immovable property; property tax paid may be excluded from taxable value but statutory TDS deductions cannot be excluded. If service tax is shown separately on the invoice, TDS should not be deducted on the service tax component. Small service provider exemptions may be relevant. Property tax concessions for individuals (including ex servicemen) do not generally apply once the property is used for commercial purposes.</description>
    <language>en-us</language>
    <pubDate>Wed, 07 Sep 2016 13:31:18 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:12 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=440396" rel="self" type="application/rss+xml"/>
    <item>
      <title>property tax</title>
      <link>https://www.taxtmi.com/forum/issue?id=110882</link>
      <description>Leasing a residential property for use as a student hostel constitutes commercial use and attracts service tax under renting of immovable property; property tax paid may be excluded from taxable value but statutory TDS deductions cannot be excluded. If service tax is shown separately on the invoice, TDS should not be deducted on the service tax component. Small service provider exemptions may be relevant. Property tax concessions for individuals (including ex servicemen) do not generally apply once the property is used for commercial purposes.</description>
      <category>Discussion-Forum</category>
      <law>Service Tax</law>
      <pubDate>Wed, 07 Sep 2016 13:31:18 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=110882</guid>
    </item>
  </channel>
</rss>