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![Booking Cancellation Charges are Compensation for Breach of Contract, not Consideration for Service; No Service Tax Applies: CESTAT [Read Order] Booking Cancellation Charges are Compensation for Breach of Contract, not Consideration for Service; No Service Tax Applies: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CESTAT-CESTAT-New-Delhi-Booking-Cancellation-Breach-of-Contract-TAXSCAN-2.jpg)
Booking Cancellation Charges are Compensation for Breach of Contract, not Consideration for Service; No Service Tax Applies: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), New Delhi, has ruled that booking cancellation charges do not attract service...


![Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order] Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Fulfilment-of-Contractual-Obligation-Compensation-Paid-Non-Fulfilment-Contractual-Obligation-Infringement-Violation-of-Law-ITAT-upholds-Deduction-ITAT-Deduction-taxscan.jpg)
![Payment for Breach of Contractual Obligation Pursuant to An Arbitration Award Deductible from Business Income: ITAT [Read Order] Payment for Breach of Contractual Obligation Pursuant to An Arbitration Award Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Payment-Breach-of-Contractual-Obligation-Contractual-Obligation-Arbitration-Award-Business-Income-ITAT-Income-Tax-taxscan-.jpg)
![Inability to Meet the Contractual Obligation can’t be Termed as Infraction of Law: ITAT Delhi [Read Order] Inability to Meet the Contractual Obligation can’t be Termed as Infraction of Law: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Contractual-Obligation-ITAT-Taxscan.jpg)