https://www.taxtmi.com/caselaws?id=200362 The Appellate Tribunal CESTAT Mumbai ruled that the appellant is not required to pay service tax on notional interest accrued on security deposits for renting of immovable property. Citing a previous decision, the Tribunal held that notional interest on security deposits should not be subject to service tax under the category of renting of immovable property service. The Tribunal set aside the impugned order, allowing the appeal and providing clarity on the taxability of notional interest on security deposits in such cases. en-us Tue, 14 Oct 2014 00:00:00 +0530 Tue, 27 Mar 2018 10:04:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200362 The Appellate Tribunal CESTAT Mumbai ruled that the appellant is not required to pay service tax on notional interest accrued on security deposits for renting of immovable property. Citing a previous decision, the Tribunal held that notional interest on security deposits should not be subject to service tax under the category of renting of immovable property service. The Tribunal set aside the impugned order, allowing the appeal and providing clarity on the taxability of notional interest on security deposits in such cases. Case-Laws Service Tax Tue, 14 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200362