https://www.taxtmi.com/caselaws?id=253182 The tribunal ruled that no service tax is payable on the security deposit, but the rent received should be treated as the value of taxable service, and service tax is payable separately on the rent amount. The appellant was entitled to the benefit of dropping the penalty under Section 80(2) of the Finance Act, 1994, and no penalty was leviable on the appellant. en-us Thu, 11 Sep 2014 00:00:00 +0530 Tue, 30 Jun 2015 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253182 The tribunal ruled that no service tax is payable on the security deposit, but the rent received should be treated as the value of taxable service, and service tax is payable separately on the rent amount. The appellant was entitled to the benefit of dropping the penalty under Section 80(2) of the Finance Act, 1994, and no penalty was leviable on the appellant. Case-Laws Service Tax Thu, 11 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253182