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2016 (4) TMI 985

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..... unicipal council on the rent received by leasing the commercial properties and accordingly, the main contention of the appellant that they are providing sovereign function while renting out property is rejected. The service tax liability and the interest thereof is upheld and should be calculated on the amounts received by the appellant as cum-tax amount. Imposition of penalties - Held that:- t .....

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..... ax liability on the amounts collected as rent by providing on lease various commercial and business properties to outsiders or otherwise. 4. On consideration of the submissions made by both sides, we find that amount received by the appellant is for renting out and is covered under taxable category Renting of Immovable Property Services falling under section 65 (105)(zzzz) of the Finance Act, .....

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