I receive rent from my building on three categories of tenants:
1. From shops and banks- Rs.11 lakhs
2. From residential families- Rs.5 lakhs
3. From A company whose employees live in the flats(agreemnt with company)- Rs.6 lakhs
I want to know my whether service tax is applicable in the third category i.e., rent received from company for accomodation of its employees.
