Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2018 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (9) TMI 828 - CESTAT CHENNAIValuation - renting of immovable property service - inclusion of value of taxable services of interest accrued on security deposit paid in connection with renting of immovable property - Held that:- Tribunal in the case of K. Raheja Corporation Pvt. Ltd. Vs. CCE, Pune [2015 (2) TMI 886 - CESTAT MUMBAI] has held that interest accrued on such security deposit cannot be added to the renting agreed upon between the parties for the purpose of levy of service tax under the category of renting of immovable property - demand set aside. Penalties - Held that:- All the disputes being only interpretational, there cannot be any penalty and hence the penalties imposed in the impugned order under the Finance Act, 1994 are set aside. Appeal allowed in part.
|