2007 (12) TMI 181

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..... he taxable limits as seen from the income-tax returns – there is substance in applicant’s submission that the income Tax returns are on a different footing & they are not to be considered for levy of service tax – hence stay application is allowed - ST/353/2007 - 12/2007 - Dated:- 31-12-2007 - Dr. S.L. Peeran, Member (J) and Shri T.K. Jayaraman, Member (T) Shri K.S. Ravishankar, Advocate, f .....

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..... Zee Telefilms Ltd. v. CCE [2006 (4) S.T.R. 349 (T)]. 2. Learned SDR submits that as there was under-valuation also of the taxable limits as seen from the income-tax returns. Learned Counsel rebuts, by saying that the income Tax returns are on a different footing and they are not to be considered for levy of service tax. He relies on the ruling rendered in the case of Tempest Advertising .....

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