30 August 2015
I wanted to ask query for one of my client that he owns immovable property which was he rented out to bank and charge a service tax on it now another property on which he pay the rent and service tax. Both transaction are belong to same firm. can i take cenvat credit of renting of immovable property against service tax payable on renting of immovable property. If yes why if no why?
CAclubindia
