Constitutional validity of levy of service tax on commercial renting and amendment with retrospective effect, i.e., 1.6.2007

Court: Punjab & Haryana High Court Citation: M/s Shubh Timb Steels Limited Vs Union of India and Another Brief :The Petitioner, owner of commercial immovable property, has let out the said property to business entities on rental basis. The Petitioner has challenged the levy of Service Tax on renting of immovable property covered under Section 65(90a) and Section (65)(105)(zzzz) of the Finance Act, 1994 and its retrospective amendment under the category ‘Renting of immovable property services’ as ultra-vires the legislative competence of the Parliament. A chartered accountant who is no...