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Notional interest can't be added in taxable value of service

Bimal Jain | Last updated: 22 September 2014

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Dear Professional Colleague, Notional interest on the interest free security deposit cannot be added to the value of taxable services. We are sharing with you an important judgment of Honble CESTAT Mumbaiin the case ofMurli Realtors Pvt. Ltd. and others Vs. Commissioner of Central Exci

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About the Author

Bimal Jain

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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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