https://www.taxtmi.com/caselaws?id=779118 CESTAT held that consideration for sale/transfer of development rights constitutes a transfer of immovable property under Section 65B(44)(a)(i) and thus falls outside service tax coverage; relying on prior HC decisions treating transferable development rights as immovable property and on the collaboration agreement showing the aim was transfer of land, the tribunal quashed the impugned demand and allowed the appeal, making it unnecessary to decide other contentions. en-us Thu, 25 Sep 2025 00:00:00 +0530 Mon, 29 Sep 2025 08:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779118 CESTAT held that consideration for sale/transfer of development rights constitutes a transfer of immovable property under Section 65B(44)(a)(i) and thus falls outside service tax coverage; relying on prior HC decisions treating transferable development rights as immovable property and on the collaboration agreement showing the aim was transfer of land, the tribunal quashed the impugned demand and allowed the appeal, making it unnecessary to decide other contentions. Case-Laws Service Tax Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779118