Service tax on real estate sector
This query is : Resolved
04 September 2010
Because of retrospective effect of the amendment to sec.65(105)(zzzz) ie service tax on real estate, what is its implication now. Whether the concerned assessee will have to pay penalty & Interest as well for service provided before the notification?
04 September 2010
65(105)(zzzz) is in relation to renting of immovable property for use in the course or furtherance of business or commerce. Do you need clarification on this issue.
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