hiall
 
how do you pay service tax on rent
 
Rent Basic value Add Service Tax @ 10.3% then deducted Tax if applicable and 
net is payable to the landlord
 
 
Rent             Rs 100
add
Service tax Rs     10.30
 
Total rent          110.30
 
less tds @          18.00
16.699%     
 
 
net rent                92.30 payable to landlord
 
am I right is not guide me
 
Regards
 
Swami
 
--- On Fri, 8/5/09, accounts <[email protected]> wrote:

From: accounts <[email protected]>
Subject: Service Tax Quary
To: [email protected]
Date: Friday, 8 May, 2009, 3:05 PM







Dear All , 
 
Please send the notification regargding the  removal of service tax on rental 
income from  building . 
 
 
 
Raj
 




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