TMI BlogLevy of penalty - The issue whether renting of immovable property is liable to service tax was under...Levy of penalty - The issue whether renting of immovable property is liable to service tax was under litigation - The matter is still pending before the Hon’ble Supreme Court - penalty imposed under Section 78(1) of the Act cannot sustain and requires to be set aside. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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