sevice tax on rent from immovalble property declared ultra vires

The Delhi High Court has declared the service tax on renting of immovable property as ultra vires of the finance act. in case of Home Solution Retail India Ltd & ors vs union of India & ors. Evan Though the matter is pending before the SC by special leave petition filed by the central Govt seeking relief against the said order but the said judgement will havefar reaching effects.

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