Rajinikanth gets relief in tax case; the tribunal cancels service tax demand over the 'Jailer 2' actor's Chennai property lease
Veteran actor Rajinikanth has won a service tax dispute concerning a leased commercial property in Chennai. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) cancelled a demand for Rs 56.84 lakh, ruling that the property leased to Vasantha Bhavan for hotel operations qualifies for service tax exemption under the Finance Act.
Veteran actor Rajinikanth has won a service tax dispute concerning a leased commercial property in Chennai. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) cancelled a demand for Rs 56.84 lakh, ruling that the property leased to Vasantha Bhavan for hotel operations qualifies for service tax exemption under the Finance Act.
