https://www.taxtmi.com/caselaws?id=780242 Profit from purchase, development and sale of land on a principal-to-principal basis was not taxable as a real estate agent service because no agency commission was agreed or paid and the surplus retained was only trading profit. The demand, together with interest and penalties, was therefore unsustainable on that count. A separate construction of residential complex demand had already been paid with interest before the show cause notice, so penalty was held unwarranted, while the tax and interest on that liability were upheld. en-us Fri, 19 Sep 2025 00:00:00 +0530 Mon, 27 Oct 2025 09:17:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780242 Profit from purchase, development and sale of land on a principal-to-principal basis was not taxable as a real estate agent service because no agency commission was agreed or paid and the surplus retained was only trading profit. The demand, together with interest and penalties, was therefore unsustainable on that count. A separate construction of residential complex demand had already been paid with interest before the show cause notice, so penalty was held unwarranted, while the tax and interest on that liability were upheld. Case-Laws Service Tax Fri, 19 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780242