https://www.taxtmi.com/caselaws?id=364132 The Tribunal ruled in favor of the appellant, allowing the benefit of the threshold exemption under Notification No.6/2005 for renting of immovable property. It held that rent received in 2006-07 should not impact the exemption claim for 2007-08 since the taxable service of renting only became taxable from June 2007. The Tribunal upheld the Service Tax payment by the appellant, waived the penalty imposed, and restricted the demand for Service Tax to the amount already paid with interest. en-us Tue, 19 Jun 2018 00:00:00 +0530 Tue, 24 Jul 2018 08:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364132 The Tribunal ruled in favor of the appellant, allowing the benefit of the threshold exemption under Notification No.6/2005 for renting of immovable property. It held that rent received in 2006-07 should not impact the exemption claim for 2007-08 since the taxable service of renting only became taxable from June 2007. The Tribunal upheld the Service Tax payment by the appellant, waived the penalty imposed, and restricted the demand for Service Tax to the amount already paid with interest. Case-Laws Service Tax Tue, 19 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364132