https://www.taxtmi.com/caselaws?id=361830 The Tribunal held that the interest earned by the appellant association from corpus funds was not subject to service tax as it did not constitute consideration for services under 'Club or Association service'. The association, engaged in agricultural activities, did not collect subscriptions but received fixed amounts as corpus funds from estate owners, utilizing the interest for maintenance. The Tribunal distinguished between interest on corpus funds and subscription fees, setting aside the service tax demand and allowing the appeal with consequential reliefs. en-us Fri, 02 Mar 2018 00:00:00 +0530 Sat, 15 Jun 2019 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361830 The Tribunal held that the interest earned by the appellant association from corpus funds was not subject to service tax as it did not constitute consideration for services under 'Club or Association service'. The association, engaged in agricultural activities, did not collect subscriptions but received fixed amounts as corpus funds from estate owners, utilizing the interest for maintenance. The Tribunal distinguished between interest on corpus funds and subscription fees, setting aside the service tax demand and allowing the appeal with consequential reliefs. Case-Laws Service Tax Fri, 02 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361830