https://www.taxtmi.com/caselaws?id=764566 CESTAT Chandigarh ruled that individual co-owners of jointly owned immovable property are entitled to separate threshold exemptions under Notification No. 6/2005-S.T. for service tax on rental income. The tribunal held that co-owners receiving rent separately cannot be treated as an association of persons for service tax purposes, even when both parties are Kartas in the same HUF. Each appellant qualifies individually for the exemption benefit, and service tax cannot be recovered in combined fashion. Appeal allowed. en-us Fri, 10 Jan 2025 00:00:00 +0530 Tue, 14 Jan 2025 08:00:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764566 CESTAT Chandigarh ruled that individual co-owners of jointly owned immovable property are entitled to separate threshold exemptions under Notification No. 6/2005-S.T. for service tax on rental income. The tribunal held that co-owners receiving rent separately cannot be treated as an association of persons for service tax purposes, even when both parties are Kartas in the same HUF. Each appellant qualifies individually for the exemption benefit, and service tax cannot be recovered in combined fashion. Appeal allowed. Case-Laws Service Tax Fri, 10 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764566