Question ID : 41095

letting of premises for 12AA exempted educational institution

An individual had let out his property during the financial year 2016-2017 to a 12AA registered educational institution , the income of the educational institution is exempt under the Income Tax Act , whether the rent received by the individual is liable to service tax or is not liable for the reason that rent is being paid by an exempt institution

posted by Anwar Iqbal on Jul 13 2021 12:00AM