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Notional Interest Excluded from Taxable Value in Renting Immovable Property Services; No Service Tax Applicable.
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....Valuation - renting of immovable property service - notional interest cannot be included in the value and will not be taxable under the category of renting of immovable property services - no service tax is chargeable on notional interest. - AT....
TaxTMI
TaxTMI