https://www.taxtmi.com/caselaws?id=762702 CESTAT Ahmedabad held that One Time Upfront Amount for lease arrangements refers to the nature of payment (premium, salami, development charges) being made only once during the lease period, not requiring payment in a single installment. The tribunal distinguished between one-time payments (premium, development charges) and recurring payments (lease rent), ruling that installment payments of upfront amounts still qualify as "one time" payments. Revenue's appeal claiming installment payments disqualify the one-time nature was dismissed as without merit. en-us Tue, 03 Dec 2024 00:00:00 +0530 Fri, 06 Dec 2024 08:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762702 CESTAT Ahmedabad held that One Time Upfront Amount for lease arrangements refers to the nature of payment (premium, salami, development charges) being made only once during the lease period, not requiring payment in a single installment. The tribunal distinguished between one-time payments (premium, development charges) and recurring payments (lease rent), ruling that installment payments of upfront amounts still qualify as "one time" payments. Revenue's appeal claiming installment payments disqualify the one-time nature was dismissed as without merit. Case-Laws Service Tax Tue, 03 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762702