https://www.taxtmi.com/forum/issue?id=1791 The Delhi High Court had quashed service tax on renting of commercial property and the Supreme Court refused stay, leading the Board to instruct officers not to issue demand or coercive notices; a Budget proposal would make renting taxable retrospectively but commentators advise that the levy is operative only after the Finance Bill is enacted, creating divergence between immediate compliance and awaiting legislative assent, with limitation-period considerations and forthcoming departmental instructions affecting taxpayer risk. en-us Wed, 24 Feb 2010 13:28:58 +0530 Thu, 23 Jan 2025 15:58:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1791 The Delhi High Court had quashed service tax on renting of commercial property and the Supreme Court refused stay, leading the Board to instruct officers not to issue demand or coercive notices; a Budget proposal would make renting taxable retrospectively but commentators advise that the levy is operative only after the Finance Bill is enacted, creating divergence between immediate compliance and awaiting legislative assent, with limitation-period considerations and forthcoming departmental instructions affecting taxpayer risk. Discussion-Forum Service Tax Wed, 24 Feb 2010 13:28:58 +0530 https://www.taxtmi.com/forum/issue?id=1791