High Court Upholds Service Tax on Renting Immovable Properties, Dismissing Landlords and Tenants' Challenge.

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....Renting of immovable properties - case of petitioner is that they were landlords or tenants of leased premises and contended that they could not have been saddled with liability of service tax inasmuch as it amounts to tax on 'land' - HC dismissed the petition affirming the levy of service tax.....