https://www.taxtmi.com/caselaws?id=792935 Transfer of development rights under a collaboration agreement was treated as a benefit arising from land and therefore as immovable property. On that basis, the transfer fell outside the definition of "service" under Section 65B(44) of the Finance Act, 1994 and within the exclusion for land and interests in land. The Tribunal held that no separate service tax liability could arise on the transaction, so the demand, interest and penalty could not survive and the impugned order was set aside. en-us Mon, 01 Dec 2025 00:00:00 +0530 Sat, 06 Jun 2026 08:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792935 Transfer of development rights under a collaboration agreement was treated as a benefit arising from land and therefore as immovable property. On that basis, the transfer fell outside the definition of "service" under Section 65B(44) of the Finance Act, 1994 and within the exclusion for land and interests in land. The Tribunal held that no separate service tax liability could arise on the transaction, so the demand, interest and penalty could not survive and the impugned order was set aside. Case-Laws Service Tax Mon, 01 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792935