Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Service Tax Not Applicable on Sale of Undivided Land Share Without Flat Transfer : CESTAT Chennai
CESTAT Chennai ruled that the sale of an undivided share of land, without the transfer of a constructed flat, does not attract service tax under the 'construction of residential complex' service for periods prior to July 1, 2012. This decision clarifies the tax liability for developers and buyers in real estate transactions involving land shares alone.