banner_ad

TAX ON SERVICE

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 November 2007 IS THE SERVICE TAX ON RENT ON IMMOVABLE PROPERTY ABOVE 8 LACS PA IS FINAL
Profile Image

R.V.RAO

Profile Image

R.V.RAO (Expert)
13 November 2007 YES IT IS.
HOLD ON FOR A MOMENT .IN TWO SEPARATE HIGH COURT JUDGEMENTS, THE LEVY WAS QUESTIONED .
IN CHENNAI HIGHCOURT JUDGEMENT , THE PETITIONER WAS GRANTED AN INTERIM INJUNCTION ( till 22 ND OCT 07 AS REPORTED IN CA CLUB FORUM). AS THE COURT OBSERVED THAT PROPERTY BEING STATE SUBJECT THE CENTRE CANNOT LEVY ANY TAX.
MUMBAI HIGH COURT SAID THERE IS NO SERVICE WHEN IMMOVABLE PROPERTY OWNERSHIP IS TRANSFERRED .
BUT NONE OF THESE COURTS STAYED THE LEVY.
INFACT IF IT WAS ALREADY COLLECTED, IT SHOULD BE DEPOSITED.
BUT PL. DO NOT GO FOR FRESH /NEW REGISTRATIONS UNDER SERV. TAX ACT AS NEWER THINGS ARE COMING OUT EVERY DAY WITH NO FINALITY OR CONCLUSIVENESS.
R.V.RAO
Profile Image

KAAPIL

Profile Image

KAAPIL (Expert)
13 November 2007 I thank Mr. Rao for making things clear and giving us the gist.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details