Govt. Wins – Service tax on Renting Case – P&:H High Court Upholds Retrospective Validation from 01.6.2007

Court: HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Citation: M/s Shubh Timb Steels Limited Versus Union of India and another CWP No. 11597 of 2010 (O&M) Brief  : It cannot be held that renting of property did not involve any service as service could only be in relation to property and not by renting of property. Renting of property for commercial purposes is certainly a service and has value for the service receiver. Even if it is held that transaction of transfer of right in immovable property did not involve value addition, the provision cannot be held to be void in absence of encro...