https://www.taxtmi.com/caselaws?id=759252 CESTAT New Delhi allowed the appeal and set aside the service tax demand. The tribunal held that the respondent rendered renting of immovable property service to unit holders through tripartite agreements for commercial spaces. However, since the underlying lease deed with the administration was terminated due to non-payment of conversion fees, all subsequent agreements including those with unit holders were repudiated. The tribunal found that no service was actually provided after termination, and advance amounts were refunded to unit holders. Consequently, the service tax demand under renting of immovable property service could not be sustained, and penalties were also set aside. en-us Wed, 25 Sep 2024 00:00:00 +0530 Thu, 26 Sep 2024 11:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759252 CESTAT New Delhi allowed the appeal and set aside the service tax demand. The tribunal held that the respondent rendered renting of immovable property service to unit holders through tripartite agreements for commercial spaces. However, since the underlying lease deed with the administration was terminated due to non-payment of conversion fees, all subsequent agreements including those with unit holders were repudiated. The tribunal found that no service was actually provided after termination, and advance amounts were refunded to unit holders. Consequently, the service tax demand under renting of immovable property service could not be sustained, and penalties were also set aside. Case-Laws Service Tax Wed, 25 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759252