https://www.taxtmi.com/caselaws?id=402962 The Appellate Authority upheld the ruling that property taxes and other statutory levies cannot be deducted from rental income for GST purposes. They also determined that notional interest on the security deposit should not be included in the total rental income unless it directly influences the value of the rental service. The Appellant was found entitled to the general exemption of Rs. 20 lakhs, with the condition that their turnover does not exceed the threshold limit. The appeal was disposed of with these decisions. en-us Mon, 11 Jan 2021 00:00:00 +0530 Mon, 27 Dec 2021 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402962 The Appellate Authority upheld the ruling that property taxes and other statutory levies cannot be deducted from rental income for GST purposes. They also determined that notional interest on the security deposit should not be included in the total rental income unless it directly influences the value of the rental service. The Appellant was found entitled to the general exemption of Rs. 20 lakhs, with the condition that their turnover does not exceed the threshold limit. The appeal was disposed of with these decisions. Case-Laws GST Mon, 11 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402962