TaxTMI 
TaxTMI 
Service Tax for private accommodation to women / girl students
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....ervice Tax for private accommodation to women / girl students<br> Query (Issue) Started By: - Shivansh Gupta Dated:- 6-12-2016 Last Reply Date:- 8-12-2016 Service Tax<br>Got 5 Replies<br>Service Tax<br>Hi Please advise the taxes applicable in case a privately-owned residential property with more than one registered owner is used to provide furnished accommodation to multiple girl students and wor....
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....king women for a period of more than 6 months a year, and when the charges include rent, food, electricity etc but not distinguished / separately indicated in the rent slip. The rent per tenant per month is ₹ 8000 and there are 6 tenants. Your advice would be much appreciated Regards Reply By Ganeshan Kalyani: The Reply: Service tax is not applicable if the consideration is less than Rs....
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.....10 Lacs. Reply By MARIAPPAN GOVINDARAJAN: The Reply: What tax do you mean? Whether income tax or service tax or taxes applicable to your case? Income tax is applicable. Service tax is applicable if the transaction exceeds ₹ 10 lakhs in a year as mentioned by Shri Ganeshan Reply By Shivansh Gupta: The Reply: Thank you for your replies. Yes I wanted to know about Service Tax. A follow-o....
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....n query - Does 10 L per year limit apply for each owner individually, or for the whole property in total (all owners) ? Reply By MARIAPPAN GOVINDARAJAN: The Reply: The threshold limit of ₹ 10 lakhs is applicable to each person. Reply By Ganeshan Kalyani: The Reply: Yes the limit is applicable to each individual and not property as a whole.<br> Discussion Forum - Knowledge Sharing ....