No service tax is to be levied on renting immovable property when sharing profits
Last updated: 27 July 2023
Court :
CESTAT, Chennai
Brief :
The CESTAT, Chennai in M/S. Hotel Shreelekha Regency Limited [Service Tax Appeal No. 40073 of 2014 dated July 14, 2023] set aside the order demanding service tax on rental property and held that, income received from rent by assessee is not subject to levy of service tax.
Citation :
Service Tax Appeal No. 40073 of 2014 dated July 14, 2023
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Bimal Jain
Published in Service Tax
Views : 267
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