https://www.taxtmi.com/caselaws?id=351007 Renting of immovable property was treated as taxable for the normal limitation period, with interest, but the extended period and penalties were set aside because there was no material showing suppression or wilful misstatement by the statutory bodies. Amounts collected by municipalities and municipal corporations as advertisement tax were held not to be consideration for sale of space or time for advertisement, so pure statutory advertisement tax was not liable to service tax on that basis. The record also did not justify interference with the deletion of penalties in the connected revenue matters. en-us Tue, 24 Oct 2017 00:00:00 +0530 Fri, 17 Nov 2017 08:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351007 Renting of immovable property was treated as taxable for the normal limitation period, with interest, but the extended period and penalties were set aside because there was no material showing suppression or wilful misstatement by the statutory bodies. Amounts collected by municipalities and municipal corporations as advertisement tax were held not to be consideration for sale of space or time for advertisement, so pure statutory advertisement tax was not liable to service tax on that basis. The record also did not justify interference with the deletion of penalties in the connected revenue matters. Case-Laws Service Tax Tue, 24 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351007