https://www.taxtmi.com/caselaws?id=388000 The Tribunal ruled in favor of the Appellant, holding that no service tax was applicable on the amounts received in the joint venture agreement for providing warehouses. It found that the arrangement constituted a joint venture with profit-sharing and not a service provider-service recipient relationship, thus concluding that no service tax could be levied on renting of immovable property in this case. The Tribunal set aside the demand of service tax, interest, and penalties imposed by the Principal Commissioner, granting consequential relief to the Appellant. en-us Tue, 22 Oct 2019 00:00:00 +0530 Sat, 31 Oct 2020 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388000 The Tribunal ruled in favor of the Appellant, holding that no service tax was applicable on the amounts received in the joint venture agreement for providing warehouses. It found that the arrangement constituted a joint venture with profit-sharing and not a service provider-service recipient relationship, thus concluding that no service tax could be levied on renting of immovable property in this case. The Tribunal set aside the demand of service tax, interest, and penalties imposed by the Principal Commissioner, granting consequential relief to the Appellant. Case-Laws Service Tax Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388000