https://www.taxtmi.com/caselaws?id=30936 The Tribunal ruled in favor of the appellants, holding that the amount taken for TDS purposes should not be considered as the gross amount for the services rendered. The Tribunal acknowledged the appellant's argument that the amount paid by the bank directly to customers should not be included in the gross receipt subject to service tax. As the appellants had already made a pre-deposit of Rs. 2 lakhs for service tax and Rs. one lakh for penalty, the Tribunal granted a waiver for the remaining service tax and penalties until the appeal's final disposal. en-us Thu, 24 Jan 2008 00:00:00 +0530 Wed, 08 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30936 The Tribunal ruled in favor of the appellants, holding that the amount taken for TDS purposes should not be considered as the gross amount for the services rendered. The Tribunal acknowledged the appellant's argument that the amount paid by the bank directly to customers should not be included in the gross receipt subject to service tax. As the appellants had already made a pre-deposit of Rs. 2 lakhs for service tax and Rs. one lakh for penalty, the Tribunal granted a waiver for the remaining service tax and penalties until the appeal's final disposal. Case-Laws Service Tax Thu, 24 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30936