Rent on Bare Land

Hi, Is rent generated on bare land taxable?

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Mahesh Jain

18/11/2020 15:18:52
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SAJITH N18/11/2020 20:59:22

Supply of bare land by sale/lease is exempt from VAT. One needs to ensure the land meets the criteria of Bare land for VAT purposes. Please refer the Real Estate guide for the criteria

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