21 October 2011
Hi Can anyone share the Exact position of levying Service Tax on Letting of Immovable Property. Is there any SC Stay on it. I heard some high court stay exists in some states. Please let me know those states list
24 October 2011
Matter has not reached finality but appears that it wouldbe infavour of the revenue. The applicability only from May 2011 could possibly be a defense since clarity to come extent came only at that time from the SC.
CAclubindia
