https://www.taxtmi.com/caselaws?id=202244 The Tribunal ruled in favor of the appellant, setting aside the impugned order, waiving the pre-deposit requirement, and allowing a stay against the recovery of service tax, interest, and penalty. The Tribunal held that the income earned under the "Finance Account" was not liable for service tax under Business Auxiliary Services, as the interest charged for providing finance could not be equated to service tax under that category. Additionally, it was found that the impugned order exceeded the scope of the show cause notice, further supporting the decision to rule in favor of the appellant. en-us Mon, 06 Sep 2010 00:00:00 +0530 Wed, 15 Jun 2011 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202244 The Tribunal ruled in favor of the appellant, setting aside the impugned order, waiving the pre-deposit requirement, and allowing a stay against the recovery of service tax, interest, and penalty. The Tribunal held that the income earned under the "Finance Account" was not liable for service tax under Business Auxiliary Services, as the interest charged for providing finance could not be equated to service tax under that category. Additionally, it was found that the impugned order exceeded the scope of the show cause notice, further supporting the decision to rule in favor of the appellant. Case-Laws Service Tax Mon, 06 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202244