on immovable property

[Asked by Guest]

What is the latest development and in which court of law as regards the issue of taxability of service on renting of immovable property. Thanks.

[Alok Kumar]

  Dear Mr.Dillon ,

The Court  has fixed 20th May as the next day of hearing, perhaps the last on this issue in Delhi High Court.

Whether we will see a decision before the Courts adjourn for summer break from 4th June, looks little  difficult now.

The Court also advised that all arguments now be submitted only in writing on the due date.

Once the Delhi High court gives its judgement the matter will go to the Supreme Court  for certain and we  can hope that the decision of the Supreme Court  will be delivered speedily.

thanks,

 

Alok Kumar

AI Summary

Taxability of renting immovable property: pending hearing with written submissions and likely escalation to higher appellate review.
Taxability of renting immovable property is the central issue; the court directed that all arguments be submitted in writing at the next hearing and indicated that the matter may then proceed to a higher appellate forum following the court's judgment.