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TMI Blog2016 (10) TMI 280X X X X Extracts X X X X X X X X Extracts X X X X ..... appellant submitted that there is a error committed by the ICICI bank by adding the loan amount in the commission and an amount of ₹ 2,41,231/- was not received during the impugned period and as such not liable to service tax - Held that:- the factual claims made by the appellant requires to be considered by the Original Authority in order to arrive at the correct quantum cf service tax. As ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 5,87,834/- was confirmed against the appellant under the category of Business Auxiliary Service by the lower Authorities. The appellants are car dealers and were also engaged in the activity of arranging loans for car from banks and financial institutions for the customers. They get commission for marketing the loan of the banks/financial institutions. This income was sought to be taxed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bmitted that there is a error committed by the ICICI bank by adding the loan amount in the commission. Further, an amount of ₹ 2,41,231/- was not received during the impugned period and as such not liable to service tax. Similarly, an amount of ₹ 2,22,814/- is not to be added in tie taxable value as the same is towards holiday trip as a reward for achieving target and it is not a co ..... X X X X Extracts X X X X X X X X Extracts X X X X
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