https://www.taxtmi.com/caselaws?id=438840 The appellant was not held liable to pay service tax under 'Renting of Immovable Property Services' for amounts received from GRT. The Tribunal determined that the profit-sharing agreement between the appellant and GRT did not constitute a rental agreement but rather a sharing of business income, following precedents indicating such agreements fall outside the taxable service category. The Tribunal set aside the service tax demands, allowing the appeal with consequential reliefs in accordance with the law. en-us Fri, 09 Jun 2023 00:00:00 +0530 Sat, 10 Jun 2023 08:54:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438840 The appellant was not held liable to pay service tax under 'Renting of Immovable Property Services' for amounts received from GRT. The Tribunal determined that the profit-sharing agreement between the appellant and GRT did not constitute a rental agreement but rather a sharing of business income, following precedents indicating such agreements fall outside the taxable service category. The Tribunal set aside the service tax demands, allowing the appeal with consequential reliefs in accordance with the law. Case-Laws Service Tax Fri, 09 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438840