https://www.taxtmi.com/caselaws?id=419192 Partners of a partnership firm receiving income from the firm were found not liable to pay service tax under the Finance Act, 1994. The Tribunal determined that the income constituted a share in the firm's profit rather than payment for external services, as partners cannot provide services to themselves. Relying on legal precedents and the absence of services provided to external entities, the Tribunal set aside the orders, granting relief to the appellants. en-us Fri, 04 Mar 2022 00:00:00 +0530 Sat, 05 Mar 2022 07:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419192 Partners of a partnership firm receiving income from the firm were found not liable to pay service tax under the Finance Act, 1994. The Tribunal determined that the income constituted a share in the firm's profit rather than payment for external services, as partners cannot provide services to themselves. Relying on legal precedents and the absence of services provided to external entities, the Tribunal set aside the orders, granting relief to the appellants. Case-Laws Service Tax Fri, 04 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419192