Legal Case Explores Service Tax Applicability on Scholarships and Fee Concessions; Focus on Transaction Nature, Not Labels.

Valuation - Service tax on the amount of scholarship / fee discounts / fee concessions given to certain students - Deduction from assessable value - what is relevant is the actual nature of the transaction and not the name given to it ( i.e. transaction). - appellant has been able to make out a strong prima facie case in its favour - AT .....

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