On 21.04.2009, The Delhi high court has struck down the levy of service tax on commercial property rentals.
The high court’s order is applicable in the entire country with retrospective effect from the day the tax was levied on commercial property rentals.

Can any body clarify the applicability of the above high court order? I mean whether the service tax collected earlier for the same is to be refunded to the relevant party. And if yes what will an assessee had to do to collect/ Refund back the service tax paid to the government?

Best Regards
CA Suresh Choudhary

thankyou very much for claryfying my doubt.i also want to know how IFRS gets converged with AS in india

Whether income form mall management and business centre under agreements with users for providing services and limited rights granted to users while owner ship remains with owner is income form business or housing property?
PFH mall and retail management ltd Vs. I.T.O. 05/11/2007 [2008] 298 ITR (AT) 371(Kolkata)
Whether any supreme court decision had there for particular issue?
Whether Department had gone to SC for that particular case given above?

An Individual in the business of providing Cab Facility to companies and has Annual income less than 8 lakhs. Will he be liable to any other taxes other than Income Tax? And should he be coming under Service Tax or under VAT?

It will be great if I get a quick reply to this. Thank you for your support.

whether service tax is applicable on technical supervision and what is the tax...???

pls give me complete details on this

if a company has made a contract to an individual who's total amount exceed Rs.10,00,000 and tds deducted @2.06% instead of @2.266%, in such cast the whole amount is allowed as a expenses under the income tax or not.if not, what will the treatment for such query?

An Indian Public Ltd Company invests in 51% shares of a foreign Co.,.For this consideration is paid in the form of cash rs 2.4 million $ and shares of Indian Company valued at Rs 400 per share.The Indian Company has also accepted to give a guaranteed loan of Rs 3 million dollars for the Development of business of Foreign Co., The transfer of shares are complete, but the Indian Co., has failed to make the payment of Rs. 3 million.So the Foreign Company wants to cancel the contract and get their shares back.What will be the Tax Implication? Will Capital gains arise if the foreign Co, pays some consideration to get back their shares? Will the Disinvestment by Indian Company treated as Buy Back?

I had made an application for MEF for 2008-09 in my individual name. I had been alloted bank branches also in my individual name for 2008-09.

Now i would like to clarify that i have my own propeitorship firm also. So now for MEF for 2009-10 should i apply in my individual name or in the name of my proprietorship concern.

Can the CST payable for a period be adjusted against the Excess Input Credit available after adjustment of output VAT? If yes, plz let me know the relevant section under CST Act.

This is urgent plz.

payments made for services rendered by clearing & forwarding agents in respect of port services both imports & exports as agency expences & other expenses

whether tds has to be dedcuted u/s 194 c (ref query 6 of circular 715 dt 8.8.95) or 194 h ( commission or brokerage for services rendered other than professional services)