In-Short

Case: Commissioner of Service Tax vs. M/s Elegant Developers (2025 INSC 1299)A transaction involving the procurement and sale of land for a pre-fixed price, where the entity bears the profit/loss risk, constitutes a mere 'sale of immovable property' and not a taxable service as a 'Real Estate Agent'.

1. Heading of the Judgment

Commissioner of Service Tax vs. M/s Elegant Developers
Citation: 2025 INSC 1299 (Civil Appeal Nos. 11744 – 11745 of 2025)
Court: Supreme Court of India
Bench: Justice J.B. Pardiwala and Justice Sandeep Mehta

2. Related Laws and Sections

This judgment interprets key provisions of the Finance Act, 1994 (as it stood during the relevant period for levying Service Tax):

• Section 65(88): Definition of ‘Real Estate Agent’.

• Section 65(89): Definition of ‘Real Estate Consultant’.

• Section 65(105)(v): Taxable service provided by a ‘Real Es

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