No service tax Leviable under “Renting of immovable property” to Sub-lease of Property if Leasehold Right are Permanently Assigned : CESTAT [Read Order]

service tax - Renting of immovable property - Leasehold Right - cestat - TAXSCAN

The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the sub-lease of immovable property and the leasehold right are permanently assigned are not liable to service tax under the category of ‘Renting of immovable property’.  Luxmi Township Limited, the appellant assessee is engaged, inter alia, in the business of…

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