https://www.taxtmi.com/caselaws?id=259469 The tribunal held that the income from a 30-year lease of property falls under the taxable category of "Renting of Immovable Property" service for service tax liability. It denied the appellants the "SSI" benefit on the rental income, emphasizing that the leased property was not owned by the appellants. Regarding the demand for service tax on advances received in addition to rental/lease income, the tribunal ordered a pre-deposit and stayed recovery pending compliance, considering the appellants' argument on double taxation. en-us Tue, 17 Mar 2015 00:00:00 +0530 Mon, 11 May 2015 07:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259469 The tribunal held that the income from a 30-year lease of property falls under the taxable category of "Renting of Immovable Property" service for service tax liability. It denied the appellants the "SSI" benefit on the rental income, emphasizing that the leased property was not owned by the appellants. Regarding the demand for service tax on advances received in addition to rental/lease income, the tribunal ordered a pre-deposit and stayed recovery pending compliance, considering the appellants' argument on double taxation. Case-Laws Service Tax Tue, 17 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259469