https://www.taxtmi.com/caselaws?id=8 The Tribunal allowed the stock broker's Stay Petition, waiving the pre-deposit and stay of recovery of service tax amounting to Rs. 1,98,265.00 demanded. The Tribunal upheld the appeal, setting aside the order due to the incorrect application of Sections 66 and 67 of the Finance Act, 1994. It emphasized that taxable service value should be based on actual brokerage collected, not on deemed brokerage, as argued by the applicant. The Tribunal highlighted the necessity for proper assessment of accounts under the Finance Act to ensure fair treatment of taxpayers. en-us Wed, 03 Sep 1997 00:00:00 +0530 Fri, 26 Feb 2016 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8 The Tribunal allowed the stock broker's Stay Petition, waiving the pre-deposit and stay of recovery of service tax amounting to Rs. 1,98,265.00 demanded. The Tribunal upheld the appeal, setting aside the order due to the incorrect application of Sections 66 and 67 of the Finance Act, 1994. It emphasized that taxable service value should be based on actual brokerage collected, not on deemed brokerage, as argued by the applicant. The Tribunal highlighted the necessity for proper assessment of accounts under the Finance Act to ensure fair treatment of taxpayers. Case-Laws Service Tax Wed, 03 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8