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Exemption in 'Renting of immovable property service', Service Tax |
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Exemption in 'Renting of immovable property service' |
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as proposed in Budget 2007 about 'Renting of immovable property service' whether a hotel building given on lease against fixed lease rent will be exempt under the lines "Residencial accommodation such as hotels, hostels....."
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No, a hotel building given on lease against fixed lease rent will not be taxable at all under the provisions of service tax.
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