https://www.taxtmi.com/highlights?id=67353 Work contract services - Scope of the term “consideration” - The impugned order which relies solely on the definition as contained in the Contract Act, for holding that this amount is “consideration”, for the services provided or to be provided cannot be upheld in view of the specific definition contained in Finance act, 1994. Commissioner needs to record a finding to the effect that this amount is an consideration as per the Finance Act, 1994 by referring to definition contained in therein. - AT en-us Tue, 27 Dec 2022 07:00:58 +0530 Tue, 27 Dec 2022 07:00:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67353 Work contract services - Scope of the term “consideration” - The impugned order which relies solely on the definition as contained in the Contract Act, for holding that this amount is “consideration”, for the services provided or to be provided cannot be upheld in view of the specific definition contained in Finance act, 1994. Commissioner needs to record a finding to the effect that this amount is an consideration as per the Finance Act, 1994 by referring to definition contained in therein. - AT Highlights Service Tax Tue, 27 Dec 2022 07:00:58 +0530 https://www.taxtmi.com/highlights?id=67353