https://www.taxtmi.com/caselaws?id=399404 The appeal challenged the recovery of &8377;56,58,312 under section 73 of the Finance Act, 1994, along with penalties under sections 78 and 77. The liability was based on section 66A deeming the recipient as the service provider for tax collection on services from outside India. The disputed amount was reduced to &8377;28,56,559 after adjustments. The disagreement over tax liability classification was resolved in favor of the appellant, who argued that the activity fell under 'information technology software service' rather than 'online information database access and retrieval.' The Tribunal upheld the penalties but adjusted the amount to &8377;28,56,559. en-us Fri, 11 Sep 2020 00:00:00 +0530 Sat, 10 Oct 2020 10:50:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399404 The appeal challenged the recovery of &8377;56,58,312 under section 73 of the Finance Act, 1994, along with penalties under sections 78 and 77. The liability was based on section 66A deeming the recipient as the service provider for tax collection on services from outside India. The disputed amount was reduced to &8377;28,56,559 after adjustments. The disagreement over tax liability classification was resolved in favor of the appellant, who argued that the activity fell under 'information technology software service' rather than 'online information database access and retrieval.' The Tribunal upheld the penalties but adjusted the amount to &8377;28,56,559. Case-Laws Service Tax Fri, 11 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399404