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Service Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Nature of activity - service or sale - "lease of 999 years" is ...


999-Year Lease Classified as Sale for Service Tax Purposes Under Finance Act, 1994: Key Implications Explored.

December 17, 2019

Case Laws     Service Tax     AT

Nature of activity - service or sale - "lease of 999 years" is equivalent to "sale" or not - renting of immovable property service or not - the lump sum payment becomes liable to tax under Finance Act, 1994 in addition to the periodic payments.

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