https://www.taxtmi.com/caselaws?id=380518 Commission paid to an individual director for furnishing a personal guarantee to banks for a company loan was held not taxable under Business Support Services. The analysis relied on the Board's clarification dated 28.02.2006, which treated a personal guarantee given by a director in his personal capacity as outside the scope of that service. As the Revenue did not challenge the applicability of that clarification and produced no material to dislodge the Commissioner (Appeals)' finding, the demand and penalty were set aside and the Revenue's appeal failed. en-us Tue, 08 Jan 2019 00:00:00 +0530 Wed, 22 May 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380518 Commission paid to an individual director for furnishing a personal guarantee to banks for a company loan was held not taxable under Business Support Services. The analysis relied on the Board's clarification dated 28.02.2006, which treated a personal guarantee given by a director in his personal capacity as outside the scope of that service. As the Revenue did not challenge the applicability of that clarification and produced no material to dislodge the Commissioner (Appeals)' finding, the demand and penalty were set aside and the Revenue's appeal failed. Case-Laws Service Tax Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380518