2011 (3) TMI 609

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..... ope of the show cause notice is not tenable prima facie, as the show cause notice dated 14-8-2008 has treated them as providing taxable service under the Insurance Auxiliary Services, which covers the services provided by an Intermediary or Insurance Intermediary, or an Insurance Agent, or life insurance business, or general insurance business, risk assessment, claim settlement, survey and loss as .....

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..... also been levied and penalty of an amount equal to tax has been imposed. 2. First submission of the assessees that while the show cause notice alleges their service as actuary but the orders of the authorities below shifted the stand and treated the assessees as the provider of Insurance Auxiliary Services , as an Intermediary or Insurance Intermediary, or an Insurance Agent, in relation to l .....

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..... ulatory and Development Authority Act, 1999, which reads as Intermediary or insurance intermediary includes insurance brokers, reinsurance brokers, insurance consultant, surveyors and loss assessors and all such categories of persons are required to be registered under Section 42 of IRDA, 99 is also prima facie not tenable for the reason that the definition contained under Section 2(1)(f) of IRD .....

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