Raj let-out a building consisting of both residential and commercial units. He received rent ₹55,000 per month for residential units and ₹85,000 per month for commercial units. The let-out was for the whole year. The val

CS Executive · Tax Laws and Practice · PYQS · December 2015
Raj let-out a building consisting of both residential and commercial units. He received rent ₹55,000 per month for residential units and ₹85,000 per month for commercial units. The let-out was for the whole year. The value of taxable service is
(A) ₹6,60,000
(B) ₹16,80,000
(C) ₹10,20,000
(D) Nil.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Service Tax

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