05 May 2010
Unfortunately, the amendment is restrospective w.e.f. 01/06/2007. Hence tax on renting of immovable property is applicable from 01/06/2007 AND NOT FROM APRIL'2010 ONLY.
In indirect taxes, taxes need to be collected from the service receipient and remitted to Govt. Since, the land lord may not be in a position to collect tax for the past period, retrospective amendment is harsh. But, we are used to such unjust action on the part of our legislature.
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