No Service tax on notional interest on security deposit for rented premises



We are sharing with you an important judgement of the Honble CESTAT, Mumbai in the case ofMagarpatta Township Development Construction Co. Ltd. Vs CCE[2013-TIOL-1068-CESTAT-MUM]on the following issue: Issue: Whether service tax is required to be paid on notional interest on security
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About the Author

Service

FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more


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