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    <title>2025 (10) TMI 1038 - CESTAT KOLKATA</title>
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    <description>CESTAT allowed the appeal, holding that profits from purchase and sale of land were earned on a principal-to-principal basis after acquiring development rights and not for providing &quot;Real Estate Agent Services&quot;; therefore the confirmed service-tax demand under that category is unsustainable and set aside, along with related interest and penalties. The service-tax demand under &quot;Construction of Residential Complex Service&quot; had already been paid pre-notice, so no penalty was imposed. Appeal disposed.</description>
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    <pubDate>Fri, 19 Sep 2025 00:00:00 +0530</pubDate>
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      <title>2025 (10) TMI 1038 - CESTAT KOLKATA</title>
      <link>https://www.taxtmi.com/caselaws?id=780242</link>
      <description>CESTAT allowed the appeal, holding that profits from purchase and sale of land were earned on a principal-to-principal basis after acquiring development rights and not for providing &quot;Real Estate Agent Services&quot;; therefore the confirmed service-tax demand under that category is unsustainable and set aside, along with related interest and penalties. The service-tax demand under &quot;Construction of Residential Complex Service&quot; had already been paid pre-notice, so no penalty was imposed. Appeal disposed.</description>
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      <pubDate>Fri, 19 Sep 2025 00:00:00 +0530</pubDate>
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