Service Tax for private accommodation to women / girl students

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..... 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 working 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 mont .....

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..... h 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.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 appl .....

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..... icable 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-on 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 lim .....

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..... it 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. - Service Tax for private accommodation to women / girl students - Query Started By: - Shivansh Gupta Dated:- 6-12-2016 Service Tax - Got 5 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an exper .....

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..... t, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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