19 May 2011
Sir, I wanted to know whether servicetax is chargeable on rent of Immoveble property i.e. Hotel given on lease to run. Any exemption for services relating to rent on immovable properties.
19 May 2011
Service tax on 'renting of immovable properties' is a matter of subjudice. The supreme court has fixed the final hearing on this issue for tomorrow the 20th day of May ,2011.