https://www.taxtmi.com/caselaws?id=368681 The Tribunal held that notional interest on interest-free deposits cannot be added to the rent for service tax calculation unless there is evidence showing an influence on the price or rent. The Revenue failed to provide such evidence, leading to the appeal being allowed in favor of the appellant. The decision sets a precedent for assessing the assessable value in similar cases, emphasizing the necessity of proof to determine tax liability accurately. en-us Thu, 23 Aug 2018 00:00:00 +0530 Fri, 12 Oct 2018 09:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368681 The Tribunal held that notional interest on interest-free deposits cannot be added to the rent for service tax calculation unless there is evidence showing an influence on the price or rent. The Revenue failed to provide such evidence, leading to the appeal being allowed in favor of the appellant. The decision sets a precedent for assessing the assessable value in similar cases, emphasizing the necessity of proof to determine tax liability accurately. Case-Laws Service Tax Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368681