Service Tax on Renting of Immovable Property for Commercial Purposes: Supreme Court stays operation of Delhi HC order against HDFC Bank, issues Notice [Read Order]

Service -Tax - Renting - Immovable- Property - Commercial- Purposes-Supreme- Court - Delhi -HC - HDFC- Bank-TAXSCAN

A Division Bench of the Supreme Court has stayed the operation of the Delhi High Court Judgement against HDFC Bank Ltd. with regard to the service tax demand on the bank to the tune of Rs.27,87,374/- on renting of immovable property for commercial purposes. The counsel for the petitioner submitted that the High Court erroneously…

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