SERVICE TAX REFUNDABLE SECURITY DEPOSITS

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..... SERVICE TAX REFUNDABLE SECURITY DEPOSITS
Query (Issue) Started By: - SOHRABH JINDAL Dated:- 12-8-2011 Last Reply Date:- 16-8-2011 Service Tax
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Service Tax
Dear all, I want to .....

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..... know 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 membe .....

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..... rs 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. R .....

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..... eply 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.
Discussion Forum - Knowled .....

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..... ge Sharing .....

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