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TMI BlogClarification - renting of immovable propertyX X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification - renting of immovable property X X X X Extracts X X X X X X X X Extracts X X X X ..... on rent for /terming as GUEST HOUSE OF THE COMPANY & truly emplyoees who have come on tour & stay in the guest house or companies guest / or contractor for dicsussion stay in the guest house , weather this is termed FURTHERENCE OF BUSINESS OR THIS GUEST HOUSE WILL BE TREATED AS RESIDENTIAL UNIT NOT LIABLE TO SRVICE TAX . Reply By madhavvan: The Reply: The expression renting of immovable property ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... includes renting letting leasing licensing or other similar arrangements of immovable property for use in the course or furtherance of business or commerce but exludes renting of immovable property by a religious body or to a religious body or renting to na educational body other than commercial coaching centre hence guset house is covered under renting of immovable property since honble dhighc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ourt has ordered in favour of the assessee what action to be taken further is still a matter being debated upon since dept will appeal to supreme cort and then matter will be finally settled in law. Reply By Madhukar N Hiregange: The Reply: Assuming that the Delhi HC decision is not being consdered. The purpose of flat for employees is prely residential and there is no doubt the same is excluded. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Guest house is excluded in the defintion. Therefore anyway no liability. X X X X Extracts X X X X X X X X Extracts X X X X
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