TMI BlogAuction Income Exempt from Storage and Warehousing Service Tax; Government Lacks Authority to Tax u/s 150.Auction Income - whether chargeable to tax under Storage and Warehousing Service or not? - Merely for the reason that Section 150 provides for distribution of the amount of proceed of auction that will not empowered the government to recover service tax on the auction proceeds. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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