The Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that the service tax can be levied on long-term lease of commercial properties and shops for 99 years. In the instant case, the assessee, Rajasthan Housing Board has constructed shops which were leased to successful bidders in the auction process […]
The post Service Tax can be levied on Long-Term Lease of Commercial Properties: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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