https://www.taxtmi.com/caselaws?id=443842 The Supreme Court stayed the High Court judgment imposing service tax liability on a Bank (tenant) for renting immovable property for commercial use. The petitioner argued that the tax burden should be on the landlord, not the Bank, which already pays service tax for its services. An interim measure required the Bank to furnish a bank guarantee. The Supreme Court issued notice, stayed the High Court judgment, and directed the deposit of Rs. 27,87,374 for the service tax pending further proceedings. en-us Mon, 18 Sep 2023 00:00:00 +0530 Tue, 03 Oct 2023 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443842 The Supreme Court stayed the High Court judgment imposing service tax liability on a Bank (tenant) for renting immovable property for commercial use. The petitioner argued that the tax burden should be on the landlord, not the Bank, which already pays service tax for its services. An interim measure required the Bank to furnish a bank guarantee. The Supreme Court issued notice, stayed the High Court judgment, and directed the deposit of Rs. 27,87,374 for the service tax pending further proceedings. Case-Laws Service Tax Mon, 18 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443842