Service Tax on Residential House given on Rent to Company

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  1. suhail syed11

    suhail syed11 New Member

    I recently gave my "residential property" to a Company on rent for its employees for the "residential purpose" only .
    The company's employees r staying there . There is no commercial activity there.
    The annual Rent is above Rs. 10 Lacs .

    My Question: Am i liable to deposit service tax on that rent ??
     
  2. suhail syed11

    suhail syed11 New Member

    Reason ?
    What about the negative list ....which says residential house for residential purpose has no liabilty for tax .
    plz clear it
     
  3. SUNNY NARANG

    SUNNY NARANG Member

    IF A RESIDENTIAL PROPERTY IS USED AS RESIDENTIAL PURPOSE THEN NO SERVICE TAX WOULD BE APPLICABLE BUT IF A RESIDENTIAL HOUSE USED AS COMMERCIAL PURPOSE THEN SERVICE TAX WILL BE APPLICABLE.
     
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