2012 (11) TMI 252

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..... cation No 8/2008-ST dated 01.3.2008, grants the benefit of exemption of service tax per year, provided that the assessee has not crossed the threshold limit of rupees ten lakhs in the preceding financial year - the aggregate value of the taxable services rendered should be considered for the purpose of exemption and in the present case if individually all the appellants be considered as provider o .....

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..... e is regarding service tax liability on the above mentioned individuals as a provider of service under the category of Renting out of Immovable Property. 4. Learned Chartered Accountant on behalf of the appellants would submit that all the above individuals are co-owner of a particular building and have rented out the premises to a person, who issues different cheques to all the above individual .....

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..... ual co-owners, the appellants sought the payment individually. It is his submission that the department is correct in assessing the service tax liability after considering the amount collectively received by the individual appellant. 6. After considering the submissions made by both sides, we find that benefit of SSI exemption Notification No 6/2005-ST dated 01.3.2005 as amended vide Notificatio .....

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