https://www.taxtmi.com/caselaws?id=301214 The Court modified the CESTAT order, directing a pre-deposit of 5% of the Appellant's net profit, finding the calculation of service tax on the gross value unsustainable. It noted discrepancies in the tax demand exceeding total sums received for land purchases and the exclusion of certain transactions from consideration. The Court emphasized the need for further examination on whether the services provided were taxable and if the Appellant acted as an agent, addressing the computation issues and setting a reasonable pre-deposit based on net profit. en-us Tue, 15 Sep 2015 00:00:00 +0530 Mon, 21 Mar 2022 08:12:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301214 The Court modified the CESTAT order, directing a pre-deposit of 5% of the Appellant's net profit, finding the calculation of service tax on the gross value unsustainable. It noted discrepancies in the tax demand exceeding total sums received for land purchases and the exclusion of certain transactions from consideration. The Court emphasized the need for further examination on whether the services provided were taxable and if the Appellant acted as an agent, addressing the computation issues and setting a reasonable pre-deposit based on net profit. Case-Laws Service Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301214