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TMI BlogRenting of immovable property - vacate land - liability of service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Under Renting of immovable property, Vacant Land leased to a person who inturn construct a hotel and carryon the hotel business. In this case the Hotlier pays rent only towards the land and not on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Hotel. In my view the rent received towards vacant land is also liable to tax under the above head inasmuch as levy of service tax on vacant land is excluded only in specified circumstances such as v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acant land let out for Agriculture, aquaculture, etc. Please give your views on this. - Reply By dayashankar - The Reply = Rent received towards vacant land is liable to tax under the Reneting of imm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovable property on the ground that the land use in course or in furtherance of business and commerce - Reply By Ramanujam V - The Reply = Vacant land used for purposes specified alone is not liable fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r service tax. When the building is constructed by the lessee on the vacant land and used for business purposes, then the amount received towards renting of vacant land also would be liable for servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e tax. - Renting of immovable property - vacate land - liability of service tax - Query Started By: - Madhu Murthy Dated:- 20-9-2007 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Kn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... owledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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