Since the onset of GST a lot of ambiguity is revolving around the applicability of GST on rental income, rate of GST, how GST is going to impact the renting business, etc. There are series of questions which need to be answered. In this backdrop, it will be quite interesting to analyse the taxability of rental income in GST regime.
Source: taxmann.com
Latest Posts in "India"
- Ahmedabad Customs Inspector Arrested for Alleged ₹2 Crore IGST Credit Fraud in Export Scam
- ISF Urges GST Cut, Women-Specific Tax Slab to Boost Formal, Inclusive Employment in India
- Punjab Software Engineer Arrested for Designing Fake GST Portal in Multi-State Tax Fraud Bust
- Supreme Court to Decide if Industrial Felt is ‘Fabric’ or ‘Machinery Part’ for VAT Purposes
- Supreme Court Rules: “Parts” Must Functionally Integrate into Machinery, Rejecting End-Use Claims
