Service tax on commercial rent- the matter is pending before SC. Madras and M\Bombay HC had granted stay. Further developments which come to knowledge of readers may be posted for updates of members and dissemination of information.
Service tax on commercial rent
DEVKUMAR KOTHARI
Service Tax on Commercial Rent: Supreme Court Pending Decision; Conflicting High Court Rulings Highlight Uncertainty The issue of service tax on commercial rent is under judicial consideration, with the Supreme Court yet to make a final decision. The Madras and Bombay High Courts have granted a stay on the matter. Meanwhile, the Punjab and Haryana High Court confirmed the levy of service tax with retrospective effect following a 2010 amendment. The discussion encourages members to share any further developments for informational purposes. (AI Summary)