https://www.taxtmi.com/caselaws?id=793326 50% of the capital cost collected upfront for water supply infrastructure in respect of 99-year industrial plot leases was treated as a one-time upfront amount covered by the Section 104 exemption for long-term industrial leases. Because the same component had earlier been dropped on identical reasoning and that departmental position was not shown to have been challenged, the service tax demand for the present period could not be sustained. The consequential interest and penalty demands also failed and were set aside. en-us Wed, 10 Jun 2026 00:00:00 +0530 Sat, 13 Jun 2026 08:36:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793326 50% of the capital cost collected upfront for water supply infrastructure in respect of 99-year industrial plot leases was treated as a one-time upfront amount covered by the Section 104 exemption for long-term industrial leases. Because the same component had earlier been dropped on identical reasoning and that departmental position was not shown to have been challenged, the service tax demand for the present period could not be sustained. The consequential interest and penalty demands also failed and were set aside. Case-Laws Service Tax Wed, 10 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793326