https://www.taxtmi.com/caselaws?id=766082 CESTAT Kolkata held that Revenue cannot assume all receipts and payments constitute taxable services without identifying specific service categories. The case involved service tax demands on bank transfers and debtor ledger credits. The tribunal found discrepancies in intra-bank transfer deductions (Rs.9,45,56,790/- deducted instead of claimed Rs.11,11,34,154/-) accepted by Revenue. Matter remanded to adjudicating authority for re-quantification of taxable value and proper reconciliation of service tax liability based on appellant's detailed submissions. en-us Tue, 11 Feb 2025 00:00:00 +0530 Tue, 18 Feb 2025 08:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766082 CESTAT Kolkata held that Revenue cannot assume all receipts and payments constitute taxable services without identifying specific service categories. The case involved service tax demands on bank transfers and debtor ledger credits. The tribunal found discrepancies in intra-bank transfer deductions (Rs.9,45,56,790/- deducted instead of claimed Rs.11,11,34,154/-) accepted by Revenue. Matter remanded to adjudicating authority for re-quantification of taxable value and proper reconciliation of service tax liability based on appellant's detailed submissions. Case-Laws Service Tax Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766082