https://www.taxtmi.com/caselaws?id=372345 The appeal challenged a tax liability confirmation for a specific project, with interest and penalties imposed under the Finance Act, 1994. Demands related to other projects completed before tax applicability were dropped. The appellant argued completion before tax imposition based on ownership transfer and sale deeds. The Tribunal focused on a single project completed after tax incorporation, emphasizing agreements not involving outright sales for tax liability. The judgment remanded the matter for further verification of completion dates and possession handover, addressing issues of tax liability, penalty imposition, project completion, and circular interpretation. en-us Tue, 18 Dec 2018 00:00:00 +0530 Fri, 21 Dec 2018 06:51:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372345 The appeal challenged a tax liability confirmation for a specific project, with interest and penalties imposed under the Finance Act, 1994. Demands related to other projects completed before tax applicability were dropped. The appellant argued completion before tax imposition based on ownership transfer and sale deeds. The Tribunal focused on a single project completed after tax incorporation, emphasizing agreements not involving outright sales for tax liability. The judgment remanded the matter for further verification of completion dates and possession handover, addressing issues of tax liability, penalty imposition, project completion, and circular interpretation. Case-Laws Service Tax Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372345