Service Tax on Real Estate Agents and Consultants
REAL ESTATE AGENTS AND CONSULTANTS SERVICE (WEF., 16/10/1998):-
Real estate agent means person who is engaged in rendering any service relation to sale, purchase, leasing, or renting of anything permanently affixed to land, such as light fixtures, plumbing, and heating fixtures, or other such items, which would be personal property if not attached. Generally the term synonymous with real property.
Real property is transmission of property from one person to another by voluntary act, and agreement for a valuable consideration, to, to own by paying or promising to pay an agreed price which is enforceable at law.