TaxTMI 
TaxTMI 
SERVICE TAX REFUNDABLE SECURITY DEPOSITS
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....ERVICE TAX REFUNDABLE SECURITY DEPOSITS<br> Query (Issue) Started By: - SOHRABH JINDAL Dated:- 12-8-2011 Last Reply Date:- 16-8-2011 Service Tax<br>Got 1 Reply<br>Service Tax<br>Dear all, I want to k....
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....now whether service tax is payable on the interest free security deposits received by the assessee. my client is a club and the club receives interest free refundable security deposits from its member....
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....s to safe guard the assets of the club and any type of future losses due to any member. kindly reply.(if possible with some valid case law, notification, circular etc.) thanx to all in advance. Re....
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....ply By pradeep khatri: The Reply: As per my opinion, security deposit cannot be treated as taxable amount as no services are being provided for this particular amount.<br> Discussion Forum - Knowledg....
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....e Sharing ....