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Service Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Revenue is not correct to treat the chit fund business to fall ...

Case Laws     Service Tax

January 21, 2015

Revenue is not correct to treat the chit fund business to fall within the ambit of asset management as there is subtle difference between “banking and financial services” as defined under the Act and the services of the chit transactions - SC dismissed the Revenue appeal - SC

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