https://www.taxtmi.com/caselaws?id=211914 Permitting another person to use a registered trade mark for consideration is treated as taxable intellectual property service under the Finance Act, 1994, because trade marks fall within intellectual property rights and permitted use of such rights is within the charge. The note also explains that extended limitation and penalties require proof of suppression, wilful mis-statement, or intent to evade tax; open use of the marks and a debatable legal issue were not enough. On that basis, the demand was sustainable only within the normal limitation period, with re-quantification directed and penalties set aside. en-us Mon, 12 Mar 2012 00:00:00 +0530 Wed, 13 Aug 2014 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211914 Permitting another person to use a registered trade mark for consideration is treated as taxable intellectual property service under the Finance Act, 1994, because trade marks fall within intellectual property rights and permitted use of such rights is within the charge. The note also explains that extended limitation and penalties require proof of suppression, wilful mis-statement, or intent to evade tax; open use of the marks and a debatable legal issue were not enough. On that basis, the demand was sustainable only within the normal limitation period, with re-quantification directed and penalties set aside. Case-Laws Service Tax Mon, 12 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211914