<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Budget suggestion: Reverse charge method for tax on rent if the levy persist.</title>
    <link>https://www.taxtmi.com/article/detailed?id=693</link>
    <description>Proposal to shift the service tax liability on rent to the service receiver via reverse charge, justified because many landlords are fragmented or below threshold while major tenants can avail CENVAT credit; notes the Delhi High Court ruling that renting immovable property is not a taxable service and the court&#039;s direction that revenue should not press landlords pending further orders, while observing continued issuance of departmental circulars and notices and urging either acceptance of the judgment or clear legislation imposing tax by reverse charge.</description>
    <language>en-us</language>
    <pubDate>Wed, 24 Feb 2010 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 25 Feb 2010 22:12:11 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=301223" rel="self" type="application/rss+xml"/>
    <item>
      <title>Budget suggestion: Reverse charge method for tax on rent if the levy persist.</title>
      <link>https://www.taxtmi.com/article/detailed?id=693</link>
      <description>Proposal to shift the service tax liability on rent to the service receiver via reverse charge, justified because many landlords are fragmented or below threshold while major tenants can avail CENVAT credit; notes the Delhi High Court ruling that renting immovable property is not a taxable service and the court&#039;s direction that revenue should not press landlords pending further orders, while observing continued issuance of departmental circulars and notices and urging either acceptance of the judgment or clear legislation imposing tax by reverse charge.</description>
      <category>Articles</category>
      <law>Service Tax</law>
      <pubDate>Wed, 24 Feb 2010 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=693</guid>
    </item>
  </channel>
</rss>