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2014 (4) TMI 686 - AT - Service TaxWaiver of pre-deposit of tax - Projection theatre under the category of Renting of Immovable Property - Held that:- Section 65(90a) of Finance Act, 1994 renting of immovable property includes renting, letting, leasing, licensing or other similar arrangements of immovable property for use in the course of furtherance of business and commerce. Explanation 1 of the said definition provides that for the purpose of this clause for use in the course or furtherance of business or commerce includes use of immovable property as factories, office building, warehouse, theatres, exhibition halls and marriage halls and multiple use building. In the present case, prima facie, we find that the project theatre was let out for screening of films, which would be included in the definition of ‘Renting of Immovable Property’ - Conditional stay granted.
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