https://www.taxtmi.com/caselaws?id=459687 CESTAT Ahmedabad held that co-owners of immovable property who lease it out are treated as independent service providers for service tax purposes, not as an association of persons. Each co-owner's individual rent receipt must be considered separately against the threshold exemption limit under notifications 6/2005-ST and 8/2008-ST. Since each appellant's individual rent was below the exemption threshold, service tax demand was unsustainable. The tribunal rejected the revenue's contention that co-owners should be treated collectively, emphasizing that mere co-ownership without formal agreement does not constitute an association of persons under General Clauses Act. Appeal allowed, impugned order set aside. en-us Tue, 16 Jul 2024 00:00:00 +0530 Mon, 23 Dec 2024 20:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459687 CESTAT Ahmedabad held that co-owners of immovable property who lease it out are treated as independent service providers for service tax purposes, not as an association of persons. Each co-owner's individual rent receipt must be considered separately against the threshold exemption limit under notifications 6/2005-ST and 8/2008-ST. Since each appellant's individual rent was below the exemption threshold, service tax demand was unsustainable. The tribunal rejected the revenue's contention that co-owners should be treated collectively, emphasizing that mere co-ownership without formal agreement does not constitute an association of persons under General Clauses Act. Appeal allowed, impugned order set aside. Case-Laws Service Tax Tue, 16 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459687