Pls clarify that whether to charge the Service tax on Renting of office buildings or not after the current amendments on renting of Immovable properties as per Budget 2010. Previously my client was not charging as per the high court order.
02 March 2010
Yes, Service tax needs to be charged. The judgement of the High court in the case Home Solutions retail limited has been overruled by the amendment by Budget 2010 with retrospective effect from 01-06-2007.
You need to also charge and deposit the service tax w.e.f. 01-6-2007.
CAclubindia
