2007 (12) TMI 181 - AT - Service Tax

Advertising agencies - Revenue contention that certain elements pertaining to services rendered by them to another advertising company have not been added in the taxable income, is not acceptable revenue submits that there was under-valuation of the taxable limits as seen from the income-tax returns there is substance in applicant s submission that the income Tax returns are on a different footing & they are not to be considered for levy of service tax hence stay application is allowed

Summary

The appellant sought waiver of pre-deposit of service tax and penalties. The revenue claimed certain services were not included in taxable income. The appellant argued that only services to clients are taxable, citing previous cases. The issue was found covered by previous judgments, granting waiver of pre-deposit. Appeal set for final hearing on 28-1-08.