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Leasehold Rights Assignment Amounts To Transfer Of Immovable Property, No GST Payable: Bombay HC

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By Mariya Paliwala
Bombay High Court

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The Bombay High Court, Nagpur Bench has held that the assignment of leasehold rights amounts to transfer of immovable property and is not taxable as supply of services under GST. The bench of Justice Anil L. Pansare and Justice Nivedita P. Mehta has observed that the assignment by sale and transfer of leasehold rights of…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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