TMI BlogValuation - Renting of Immovable Property Service - renting the factory with plant and machinery to JV -...Valuation - Renting of Immovable Property Service - renting the factory with plant and machinery to JV - The transaction is not in the nature of sharing of profit with JV partners - Liable to service tax - Demand confirmed with interest and penalty. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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