https://www.taxtmi.com/caselaws?id=347471 The Tribunal upheld the service tax demand on a non-compete agreement between M/s Jamna Auto Industries Ltd. and another company, deeming the agreement fee as consideration for providing support services of business or commerce. The agreement, restricting the appellant from certain business activities, was considered to support the other party's business and thus taxable under the Finance Act, 1994. The Tribunal found that the parties were engaged in similar business activities, leading to the dismissal of the appeal and cross-objections on 31.7.2017. en-us Mon, 31 Jul 2017 00:00:00 +0530 Tue, 02 Jan 2018 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347471 The Tribunal upheld the service tax demand on a non-compete agreement between M/s Jamna Auto Industries Ltd. and another company, deeming the agreement fee as consideration for providing support services of business or commerce. The agreement, restricting the appellant from certain business activities, was considered to support the other party's business and thus taxable under the Finance Act, 1994. The Tribunal found that the parties were engaged in similar business activities, leading to the dismissal of the appeal and cross-objections on 31.7.2017. Case-Laws Service Tax Mon, 31 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347471