AAR: Rejects advance ruling application, ruling being sought by ‘recipient of services’

Tamil Nadu AAR rejects application seeking clarification on the tax liability on the services specified in the lease agreement signed between the applicant (lessee) and Rail Land Development Authority i.e RLDA (Lessor); Perusing the lease agreement, notes that the Applicant was to pay a consideration of an upfront payment and annual rent to lease out the property by RLDA for the construction of Multipurpose complex facilitating the railway consumers is a supply of services in...