2014 (2) TMI 1045

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....espondent : Shri Amresh Jain, DR. PER : Archana Wadhwa The entire confirmed demand of Rs.72,306/- already stands deposited by the appellant alongwith interest. Accordingly, we waive the condition of pre-deposit of penalty and proceed to decide the appeal itself inasmuch as the appellant is not contesting the confirmation of demand and interest and is only praying for setting aside the penalty. ....

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....able with retrospective effect. The Finance Bill, 2010 has made an amendment in the definition of the taxable service 'Renting of immovable property' section 65(105)(zzzz) to provide that the activity of 'renting' itself is a taxable service. This change was given effect to with retrospective effect from 1.6.2007". 3. It is seen that there was some dispute going on about the taxability of renting....

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....a period of six months from the date on which the Finance Bill, 2012 receives the assent of the President". 5. In terms of the said section, if the service tax alongwith interest stands paid within a period of six months from the date on the Finance Bill, 2012 received the assent of the President, no penalty shall be imposed on the assessee. The appellant in the present case has deposited the ser....