https://www.taxtmi.com/caselaws?id=234622 The Tribunal ruled in favor of the appellant, holding that the sponsorship agreement with GMR for the Delhi Daredevils team in the IPL T-20 tournament fell within the exclusionary clause of Section 65(105)(zzzn) of the Finance Act, 1994. They determined that sponsoring the team constituted sponsorship of a sports event, exempting the appellant from service tax liability. The Tribunal emphasized the commercial purpose of the agreement and rejected the argument that the sponsorship was solely of GMR, ultimately quashing the adjudication order and allowing the appeals without costs. en-us Tue, 16 Apr 2013 00:00:00 +0530 Sat, 05 Jul 2014 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234622 The Tribunal ruled in favor of the appellant, holding that the sponsorship agreement with GMR for the Delhi Daredevils team in the IPL T-20 tournament fell within the exclusionary clause of Section 65(105)(zzzn) of the Finance Act, 1994. They determined that sponsoring the team constituted sponsorship of a sports event, exempting the appellant from service tax liability. The Tribunal emphasized the commercial purpose of the agreement and rejected the argument that the sponsorship was solely of GMR, ultimately quashing the adjudication order and allowing the appeals without costs. Case-Laws Service Tax Tue, 16 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234622