9911796707
TMI Blog2010 (7) TMI 597X X X X Extracts X X X X X X X X Extracts X X X X ..... CDR, for the Respondent. [Order per : P. Karthikeyan, Member (T)]. - This application seeks waiver of pre-deposit and stay of recovery of an amount of Rs. 11,63,695/- relate to services received by the appellant towards the services rendered to it by M/s. Dorsey & Whitney, LLP based in U.K. The appellant had paid the service provider charges for the services rendered under Invoice dt. 25-8-2006 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bsp; Drafting and negotiating the comfort letter with the auditors on the company. vi. Other matters incidental to the above. 2. Moving the application for waiver of the major amount of demand confirmed against the appellant, ld. Counsel takes us through the clarification issued by the CBEC under Circular No. 1/1/2001-ST dt. 27-6-2001 clarifying the scope of services ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as marketing, manufacturing, research and development and finance and/or business area such as product groups or geographical markets. Thus management of any organization involves carrying out a wide variety of clearly defined activities across a number of organizational sub-units in a coherent and coordinated manner. 3. Ld. Counsel submits that from the above definition of management consul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l service under the tax net was implemented vide the Finance Act, 2009 w.e.f. 7-7-2009. 4. Ld. Jt. CDR submits that the impugned advice related to financial management of the assessee. He relies on the same circular dt. 27-6-2001 and highlights the item (e) in para 5, where 'carrying out financial and legal due diligence' figures. It is his submission that the impugned order correctly demand ..... X X X X Extracts X X X X X X X X Extracts X X X X
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