https://www.taxtmi.com/caselaws?id=263331 The Appellate Tribunal CESTAT NEW DELHI ruled in a case involving the valuation of taxable service for renting immovable property. The Tribunal upheld the loading of notional interest on an interest-free security deposit to determine the taxable service value. It also deemed the security deposit as part of the overall consideration for leasing premises, despite being refundable. The appellants were instructed to deposit 50% of the demanded amount with interest within a specified period to avoid dismissal of the appeal for non-compliance. en-us Tue, 07 Jul 2015 00:00:00 +0530 Tue, 17 May 2016 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263331 The Appellate Tribunal CESTAT NEW DELHI ruled in a case involving the valuation of taxable service for renting immovable property. The Tribunal upheld the loading of notional interest on an interest-free security deposit to determine the taxable service value. It also deemed the security deposit as part of the overall consideration for leasing premises, despite being refundable. The appellants were instructed to deposit 50% of the demanded amount with interest within a specified period to avoid dismissal of the appeal for non-compliance. Case-Laws Service Tax Tue, 07 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263331