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2017 (5) TMI 960 - AT - Service TaxBusiness Auxiliary Services - service as a financial broker by providing arrangement - receipt of commission for providing the platform for loan transaction between the lender and the borrower - taxability - Held that: - promotion or marketing of service provided by client and procurement of service for the client are mentioned as category of activities taxable under BAS - the borrower pays a certain portion of money borrowed, as commission - The commission is received by them in the financial transaction where they acted as middle man/facilitator. - demand upheld - appeal dismissed - decided against assessee.
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