https://www.taxtmi.com/caselaws?id=220166 A CESTAT Delhi ruling on pre-deposit and stay treated the appellant's factual position as prima facie correct where the record did not establish the actual transfer conditions or whether all disputed sums arose from the same type of transaction. It observed that a long-term 90-year lease with rights of transfer, assignment and mortgage appeared closer to a transfer of property than ordinary renting, and that township development and municipal functions by a statutory authority raised substantial questions on the character of the activity and taxability of the consideration. On that basis, waiver of pre-deposit was granted and recovery was stayed during the appeal. en-us Thu, 08 Nov 2012 00:00:00 +0530 Tue, 29 Apr 2014 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220166 A CESTAT Delhi ruling on pre-deposit and stay treated the appellant's factual position as prima facie correct where the record did not establish the actual transfer conditions or whether all disputed sums arose from the same type of transaction. It observed that a long-term 90-year lease with rights of transfer, assignment and mortgage appeared closer to a transfer of property than ordinary renting, and that township development and municipal functions by a statutory authority raised substantial questions on the character of the activity and taxability of the consideration. On that basis, waiver of pre-deposit was granted and recovery was stayed during the appeal. Case-Laws Service Tax Thu, 08 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220166