https://www.taxtmi.com/caselaws?id=340718 The Tribunal allowed the appeal filed by the Revenue, setting aside the order confirming a demand for 'renting of immovable property service'. The dispute arose from an agreement for rental of vacant land developed as a tank farm, with the key issue being the retrospective application of the law to tax the service from June 2007. The Tribunal held that since the building on the land was completed before the tax became applicable, the rental income derived by the appellant was not subject to tax based on the retrospective amendment. The appeal was allowed in favor of the appellant. en-us Tue, 21 Feb 2017 00:00:00 +0530 Tue, 07 Nov 2017 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340718 The Tribunal allowed the appeal filed by the Revenue, setting aside the order confirming a demand for 'renting of immovable property service'. The dispute arose from an agreement for rental of vacant land developed as a tank farm, with the key issue being the retrospective application of the law to tax the service from June 2007. The Tribunal held that since the building on the land was completed before the tax became applicable, the rental income derived by the appellant was not subject to tax based on the retrospective amendment. The appeal was allowed in favor of the appellant. Case-Laws Service Tax Tue, 21 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340718