https://www.taxtmi.com/caselaws?id=235511 The Tribunal ruled in favor of the appellant, a service provider facing a service tax demand based on notional interest of security deposits collected during renting of immovable property. The Tribunal held that unless evidence demonstrates the notional interest influenced the rent amount, it should not be considered part of the taxable value. As the revenue failed to provide such evidence, the Tribunal granted an unconditional waiver from pre-deposit of dues and stayed recovery during the appeal, indicating a prima facie case favoring the appellant. en-us Thu, 28 Feb 2013 00:00:00 +0530 Tue, 11 Feb 2014 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235511 The Tribunal ruled in favor of the appellant, a service provider facing a service tax demand based on notional interest of security deposits collected during renting of immovable property. The Tribunal held that unless evidence demonstrates the notional interest influenced the rent amount, it should not be considered part of the taxable value. As the revenue failed to provide such evidence, the Tribunal granted an unconditional waiver from pre-deposit of dues and stayed recovery during the appeal, indicating a prima facie case favoring the appellant. Case-Laws Service Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235511