Samode Charitable Trust, registered under section 12AA of the Income-tax Act, 1961, furnishes the following details of its income/receipts with respect to the activities undertaken by it during August, 2018: Particulars

Samode Charitable Trust Computation of value of Taxable Supply for the period ended 31.03.2019 S.No. Particulars Amount (₹) 1 Renting of rooms where charges are ₹500 per day Nil 2 Renting of rooms where charges are ₹1500 per day 3,00,000 3 Renting of Community hall where charges are ₹25,000 or more per day 5,00,000 4 Renting of shops for business purposes where charges are ₹6,000 per month for each shop Nil Value of Taxable supply 8,00,000 Reasons: As per S.No. 13 of Notification No. 12/2012-Central Tax (Rate) dated 28.6.2017 Services by a person by way of renting of precincts of a religious place meant for general public, owned or managed by an entity registered as a charitable or religious trust under section 12AA of the Income-tax Act, 1961 are exempt. However, this exemption shall not be available to the trust where:- renting of rooms for ₹1000 or more per day. renting of premises, community halls, kalyanmandapam or open area and the like for ₹10,000 or more per day. renting of shops or other space for business/commerce purposes for ₹10,000 or more per month.