https://www.taxtmi.com/caselaws?id=795653 Service-tax liability on alleged non-monetary consideration requires evidence that vouchers, coupons, hotel stays or air tickets were actually received beyond invoiced consideration; unsupported notional valuation cannot sustain a demand. Discrepancies between balance-sheet figures and ST-3 returns may be addressed by adjusting excess tax paid in a subsequent period. Rental-income tax already discharged remains subject to interest for delay, while discounts received in connection with renting hoardings for advertising space do not constitute taxable services provided by the recipient. Recovered bad debts attract admitted service tax and interest. Penalties require evidence of fraud, suppression of facts or wilful misstatement. en-us Wed, 17 Jun 2026 00:00:00 +0530 Sat, 25 Jul 2026 08:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795653 Service-tax liability on alleged non-monetary consideration requires evidence that vouchers, coupons, hotel stays or air tickets were actually received beyond invoiced consideration; unsupported notional valuation cannot sustain a demand. Discrepancies between balance-sheet figures and ST-3 returns may be addressed by adjusting excess tax paid in a subsequent period. Rental-income tax already discharged remains subject to interest for delay, while discounts received in connection with renting hoardings for advertising space do not constitute taxable services provided by the recipient. Recovered bad debts attract admitted service tax and interest. Penalties require evidence of fraud, suppression of facts or wilful misstatement. Case-Laws Service Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795653