SC to examine appeal seeking to levy service tax on the call option fee received by Vodafone India non-executive

The Supreme Court agreed to examine an appeal seeking to levy service tax on a call option fee received by Vodafone India non-executive Chairman Analjit Singh from Vodafone in 2007. The tribunal previously ruled that granting a call option was not a service activity. The appeal contends the fee was taxable under business support services.