https://www.taxtmi.com/caselaws?id=363314 The High Court of Madras upheld the dismissal of a writ petition challenging a show cause notice for service tax on profits from securitization of future receivables. The court ruled the notice was validly issued within the limitation period and emphasized the need for the adjudicating authority to decide on the merits. The judgment distinguished between sale and service transactions, concluding the issues were factual and did not warrant interference, ultimately dismissing the appeal and closing related petitions. en-us Thu, 28 Jun 2018 00:00:00 +0530 Sat, 30 Nov 2019 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363314 The High Court of Madras upheld the dismissal of a writ petition challenging a show cause notice for service tax on profits from securitization of future receivables. The court ruled the notice was validly issued within the limitation period and emphasized the need for the adjudicating authority to decide on the merits. The judgment distinguished between sale and service transactions, concluding the issues were factual and did not warrant interference, ultimately dismissing the appeal and closing related petitions. Case-Laws Service Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363314