https://www.taxtmi.com/article/detailed?id=17126 Service taxability depends on the real legal character of each receipt and satisfaction of statutory elements, not merely on accounting descriptions or differences between returns and financial statements. Investment profit received in the capacity of an investor cannot be equated with consideration for management services merely because the same person also provides taxable services. Copyright royalty cannot be taxed as Intellectual Property Service where copyright is statutorily excluded. Genuine CENVAT credit should not be denied for curable procedural defects, and extended limitation requires positive evidence of suppression or intent to evade beyond disclosed accounting records. en-us Fri, 07 Aug 2026 09:08:25 +0530 Fri, 07 Aug 2026 09:08:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17126 Service taxability depends on the real legal character of each receipt and satisfaction of statutory elements, not merely on accounting descriptions or differences between returns and financial statements. Investment profit received in the capacity of an investor cannot be equated with consideration for management services merely because the same person also provides taxable services. Copyright royalty cannot be taxed as Intellectual Property Service where copyright is statutorily excluded. Genuine CENVAT credit should not be denied for curable procedural defects, and extended limitation requires positive evidence of suppression or intent to evade beyond disclosed accounting records. Articles Service Tax Fri, 07 Aug 2026 09:08:25 +0530 https://www.taxtmi.com/article/detailed?id=17126