https://www.taxtmi.com/caselaws?id=449669 Service tax on renting of immovable property was held assessable with reference to the person who actually received the rent. Where jointly owned property generated rent that was separately credited to individual co-owners, liability could not be fastened on the partnership firm that did not receive the consideration. The threshold exemption under Notification No. 06/2005-ST also had to be tested co-owner-wise, and clubbing the separate receipts of all co-owners was impermissible. Each co-owner was entitled to be examined independently for exemption, so receipts below the limit could not be denied the notification benefit. en-us Thu, 15 Feb 2024 00:00:00 +0530 Fri, 16 Feb 2024 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449669 Service tax on renting of immovable property was held assessable with reference to the person who actually received the rent. Where jointly owned property generated rent that was separately credited to individual co-owners, liability could not be fastened on the partnership firm that did not receive the consideration. The threshold exemption under Notification No. 06/2005-ST also had to be tested co-owner-wise, and clubbing the separate receipts of all co-owners was impermissible. Each co-owner was entitled to be examined independently for exemption, so receipts below the limit could not be denied the notification benefit. Case-Laws Service Tax Thu, 15 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449669