Threshhold limit of Rs.8,00,000/- applicability on renting of immovable property.

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..... Whether threshhold limit of Rs.8,00,000/- is applicable to renting of immovable property. - Reply By CA Anurag Bansal - The Reply = Renting of Immovable Property is proposed to be taxed. Notificati .....

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..... on No. 06/2005 exempts taxable services of aggregate value not exceeding four lakh rupees in any financial year. Now the limit of four lakh is substituted to Eight lakh vide Notification 04/2007 da .....

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..... ted 1st March, 2007. This threshold limit is for all services covered under service tax act for a financial year. Renting of Immovable properties for commercial purpose shall also be governed by above .....

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..... notification. - Reply By Madhukar N Hiregange - The Reply = yes certainly. the value would be calcuated from the date of notficiation. If notified in May then april rent would also not be a subject .....

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..... matter fo ST - Threshhold limit of Rs.8,00,000/- applicability on renting of immovable property. - Query Started By: - MANOJ GUPTA Dated:- 8-3-2007 Service Tax - Got 2 Replies - Service Tax - Discus .....

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..... sion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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