Please provide details on below service tax matter


This query is : Resolved 

08 November 2014 If a person bought land from government on lease for re devolopment purpose. due to financial hardship he is not being able to pay lease amount so now he wants to transfer ownership of land to another devloper. Will this attract service tax liability on the person who bought the land from goverment on lease. ?

Please provide details

Amit B (Expert)
12 November 2014 As there is no service portion,
service tax not applicable.

Capital gain will be applicable under income tax act


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