2013 (2) TMI 5

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....ajendran, JDR, for the Respondent. [Order per : M. Veeraiyan, Member (T)]. - Heard both sides on the stay petition. 2.1 The applicant is a dealer of motor vehicle and claims to have provided some space in their premises to the bank/financial institution. They received an amount of Rs. 20,67,573/- for the period 1-7-2003 to 31-3-2006 from the bank and recorded the same as incentive re....

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....e amount received from the bank/financial institution was for the purpose of providing office space along with furniture and they have not promoted the business activities of the said bank/financial institution. Similarly, the extra amount collected from the customers for registration was for the work relating to registration on optional basis and the same cannot be treated as falling under BAS. ....