https://www.taxtmi.com/caselaws?id=365089 The tribunal ruled in favor of the tax department, finding the commission received by the appellant from financial companies taxable under Business Auxiliary Service. The demand for the period July 2003 to December 2005 was upheld despite the appellant's arguments of time-barring and lack of malafide intention. Penalties under Sections 76 and 78 were addressed, with the penalty under Section 76 set aside and the penalty under Section 78 upheld, based on the Raval Trading Co. case. The appeal was partly allowed, emphasizing the significance of proper registration, timely tax payments, and the impact of precedents on taxability issues in service-related cases. en-us Tue, 07 Aug 2018 00:00:00 +0530 Fri, 10 Aug 2018 08:06:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365089 The tribunal ruled in favor of the tax department, finding the commission received by the appellant from financial companies taxable under Business Auxiliary Service. The demand for the period July 2003 to December 2005 was upheld despite the appellant's arguments of time-barring and lack of malafide intention. Penalties under Sections 76 and 78 were addressed, with the penalty under Section 76 set aside and the penalty under Section 78 upheld, based on the Raval Trading Co. case. The appeal was partly allowed, emphasizing the significance of proper registration, timely tax payments, and the impact of precedents on taxability issues in service-related cases. Case-Laws Service Tax Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365089