Levy of service tax - renting of property jointly owned by five ...
Service Tax Levied on Jointly Owned Property Rental Income; Exempt if Below Threshold Limit.
April 8, 2023
Case Laws Service Tax AT
Levy of service tax - renting of property jointly owned by five persons - receipt of rental income by every individual is only subject to liability of service tax. If the value is below thresh-hold exemption limit in case of any individual, the same will not be taxable being the value is below threshold limit - AT
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