https://www.taxtmi.com/caselaws?id=268960 The Appellate Tribunal CESTAT NEW DELHI upheld the leviability of service tax on lease rent and development charges collected by the appellants from plot allottees. The Tribunal found that the lease agreement clearly indicated a 99-year lease, making any amounts collected in relation to leasing the plots subject to service tax. The appellants' argument that they had sold the plots was dismissed, as they were lessees themselves. The Tribunal ordered a pre-deposit of 50% of the adjudicated service tax liability within six weeks, with the remaining liabilities stayed pending appeal. Failure to comply would result in appeal dismissal. en-us Wed, 19 Nov 2014 00:00:00 +0530 Wed, 13 Jan 2016 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268960 The Appellate Tribunal CESTAT NEW DELHI upheld the leviability of service tax on lease rent and development charges collected by the appellants from plot allottees. The Tribunal found that the lease agreement clearly indicated a 99-year lease, making any amounts collected in relation to leasing the plots subject to service tax. The appellants' argument that they had sold the plots was dismissed, as they were lessees themselves. The Tribunal ordered a pre-deposit of 50% of the adjudicated service tax liability within six weeks, with the remaining liabilities stayed pending appeal. Failure to comply would result in appeal dismissal. Case-Laws Service Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268960