https://www.taxtmi.com/caselaws?id=796059 Service-tax liability depends on the substantive character of a receipt and evidence that it is consideration for a taxable service, rather than accounting classification. Profit distributed to a venture-capital fund unit-holder is distinguished from consideration for fund-management services. Royalty principally for copyright use falls outside Intellectual Property Service where copyright is excluded from the relevant intellectual-property-right definition; incidental trademarks and domain rights do not alter that character. CENVAT credit remains available where taxed input services were received and used for output services despite procedural invoice or address defects. Differences between returns and audited records, without suppression, do not support extended limitation or penalties. en-us Thu, 30 Jul 2026 00:00:00 +0530 Fri, 31 Jul 2026 08:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796059 Service-tax liability depends on the substantive character of a receipt and evidence that it is consideration for a taxable service, rather than accounting classification. Profit distributed to a venture-capital fund unit-holder is distinguished from consideration for fund-management services. Royalty principally for copyright use falls outside Intellectual Property Service where copyright is excluded from the relevant intellectual-property-right definition; incidental trademarks and domain rights do not alter that character. CENVAT credit remains available where taxed input services were received and used for output services despite procedural invoice or address defects. Differences between returns and audited records, without suppression, do not support extended limitation or penalties. Case-Laws Service Tax Thu, 30 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796059