https://www.taxtmi.com/caselaws?id=31484 The Tribunal held that a sub-broker is liable to pay Service Tax as they fall under the definition of 'stock-broker' post-amendment in 2004. The Tribunal clarified that any service related to securities transactions, even indirectly, is taxable. Dismissing the appeal, it ruled that the sub-broker, despite acting as an intermediary, is obligated to pay Service Tax on commissions received from the stock-broker. The decision emphasized the broader interpretation of services 'in connection with' securities transactions, affirming the Service Tax liability on the sub-broker. en-us Wed, 13 Aug 2008 00:00:00 +0530 Wed, 30 Apr 2014 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31484 The Tribunal held that a sub-broker is liable to pay Service Tax as they fall under the definition of 'stock-broker' post-amendment in 2004. The Tribunal clarified that any service related to securities transactions, even indirectly, is taxable. Dismissing the appeal, it ruled that the sub-broker, despite acting as an intermediary, is obligated to pay Service Tax on commissions received from the stock-broker. The decision emphasized the broader interpretation of services 'in connection with' securities transactions, affirming the Service Tax liability on the sub-broker. Case-Laws Service Tax Wed, 13 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31484