TMI BlogService tax applicability on letting out businessX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, My client has taken a residential house on rent. He is using the house for letting out to his clients on monthly or weekly basis. What is the liability of Service Tax in this case and who is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... liable for to pay the owner of the house or my client. Regds - Reply By Surender Gupta - The Reply = In case sub-letting is done for non residential activities, it is taxable. Further, in such case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... both the parties are liable to pay service tax. - Reply By sarwan Agarwal - The Reply = Dear Mr. Gupta In ur reply u r of the opinion that both the party will be liable to service Tax. But as per cla ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... use (d) explanation 1 to Section 65 (105)(zzzz) , property used solely for residence and for hotel, boarding house etc are not covered. Can u please clarify a little more. Best Regards - Reply By Su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... render Gupta - The Reply = From the query, it appears that residential property is letout for non-residential purposes. Indeed, if the same is let out for residential purpose, no ST is payable. - Ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice tax applicability on letting out business - Query Started By: - Sarwan Agarwal Dated:- 24-8-2007 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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