Friday, January 14, 2011

Supreme Court stays Delhi High Court's service tax order on rent

January, 13th 2011The Supreme Court has stayed an order of the Delhi High Court, which stopped the Centre from recovering service tax on renting of immovable property for commercial use, including shops and malls, from some firms.A Supreme Court bench comprising Justices Mukundakam Sharma and A R Dave stayed the interim order passed by the Delhi High Court on May 18, 2010. The Centre has challenged the order."There shall be an interim stay of the operation of the impugned judgement till the next...
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