Land Acquisition for Power Plant Not a Service; No Service Element in Land Transfer to Joint Venture.

Land Acquisition for Power Plant Not a Service; No Service Element in Land Transfer to Joint Venture. https://www.taxtmi.com/highlights?id=48820 The treatment of entire amount that has been spent towards the acquisition of land, by no stretch of imagination, can be treated as value towards the alleged service - There is no element of service involved in the transaction, undertaken by the appellant while acquiring the land and transferring the same to the JV company, for setting up of the power plant. en-us Thu, 22 Aug 2019 07:36:10 +0530 Thu, 22 Aug 2019 07:36:10 +0530 TaxTMI RSS Generator Land Acquisition for Power Plant Not a Service; No Service Element in Land Transfer to Joint Venture. https://www.taxtmi.com/highlights?id=48820 The treatment of entire amount that has been spent towards the acquisition of land, by no stretch of imagination, can be treated as value towards the alleged service - There is no element of service involved in the transaction, undertaken by the appellant while acquiring the land and transferring the same to the JV company, for setting up of the power plant. Highlights Service Tax Thu, 22 Aug 2019 07:36:10 +0530 https://www.taxtmi.com/highlights?id=48820