https://www.taxtmi.com/caselaws?id=256886 The Appellate Tribunal CESTAT MUMBAI held that the appellant is not required to pay service tax on notional interest accrued on security deposits for renting of immovable property. The Tribunal referred to a previous decision where it was established that such interest should not be included in the calculation of service tax for renting of immovable property. Therefore, the appellant's appeal was allowed, and the impugned order was set aside, providing clarity on the tax treatment of notional interest in the context of renting of immovable property services. en-us Tue, 14 Oct 2014 00:00:00 +0530 Tue, 24 Feb 2015 07:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256886 The Appellate Tribunal CESTAT MUMBAI held that the appellant is not required to pay service tax on notional interest accrued on security deposits for renting of immovable property. The Tribunal referred to a previous decision where it was established that such interest should not be included in the calculation of service tax for renting of immovable property. Therefore, the appellant's appeal was allowed, and the impugned order was set aside, providing clarity on the tax treatment of notional interest in the context of renting of immovable property services. Case-Laws Service Tax Tue, 14 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256886