Service Tax on Renting of Immovable Property - Interest from when?

By Vijay Kumar

DDT 1985 had advised taxpayers to pay the tax on ‘renting of immovable property' with interest by 27th November 2012 to avoid penalty. Later the Board placed an ad in our own site advising assesses to pay the tax by 28th November 2012. That is tomorrow. But tomorrow is a public holiday and so the payment can be made on 29th November.

But another question arises - From when is interest payable? Please read an interesting article in our ST se GST tak