Wednesday, July 20, 2022

Only GST-registered tenants face rent tax

The new norms stipulate that from July 18, when an 'unregistered person' (for example, a salaried individual or small businessperson) gives his/her flat on rent to a GST 'registered person' (for example, a company), then GST will apply.

from Tax-Wealth-Economic Times https://ift.tt/OECwsrJ

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