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TMI Blog2018 (1) TMI 1628X X X X Extracts X X X X X X X X Extracts X X X X ..... ing, the scope has been enhanced and the new document has been given at the time of adjudication. The contention of the department is that both the agreements has different contents. When it is so, the impugned order is set aside and matter remanded to the original authority to verify the genuineness of the agreement and decided the issue denovo but by providing an opportunity of hearing to the re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed M/s Jefferies International Limited by way of a letter dated 20.04.2006 for acting as its lead manager and sole placement agent in connection with the structuring, issuance and sale of equity or equity linked securities of respondent assessee. 3. Thus, Jefferies was engaged to act as the exclusive agent of respondent assessee for identifying potential purchasers for the securities of assesse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in his order that this is underwriting services which is not falls under the category of the banking and financial services. So, he has dropped the demand. Being aggrieved, the present appeal is filed by the department. 5. With this background, we heard Sh. Sanjay Jain, ld. AR who submits that at the time of investigation, the respondent has not given the signed agreement which was produced ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service provider and service recipient. It is the allegation that in the memorandum of understanding, the scope has been enhanced and the new document has been given at the time of adjudication. The contention of the department is that both the agreements has different contents. When it is so, then we set aside the impugned order and remand the matter to the original authority to verify the genuin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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