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Service Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Renting of Immovable Property Service - notional interest ...


Notional Interest Exclusion: No Service Tax on Hypothetical Gains from Renting Immovable Property.

August 4, 2018

Case Laws     Service Tax     AT

Renting of Immovable Property Service - notional interest accruing on the lumpsum amounts received - There is no justification for inclusion of the notional interest in the consideration for payment of service tax.

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