STI NEWS;"SUMMARY OF NEW SERVICE TAX EXEMPTIONS /AMENDMENTS"plus 5 more

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STI NEWS;"SUMMARY OF NEW SERVICE TAX EXEMPTIONS /AMENDMENTS"plus 5 more

SUMMARY OF NEW SERVICE TAX EXEMPTIONS /AMENDMENTS

Posted: 26 Apr 2011 06:45 AM PDT


ST : Clarifications on new services specified in clauses (zzzzv) and (zzzzw) of section 65(105) of the Finance Act, 1994 and amendments to existing clauses of same section The new services specified in clauses (zzzzv) and (zzzzw) of section 65(105) of the Finance Act, 1994 and amendments to the existing clauses of the same section are being operationalized w.e.f. May 1, 2011. The scope...

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Exemption to CA/CWA/CS for representational services withdrawn

Posted: 26 Apr 2011 05:53 AM PDT


Representational Services by CA/CWA/CS become Taxable (notification no 32/2011): CBEC rescinds the notification No.25/2006-Service Tax, dated the 13th July, 2006, which provide special exemption to CA/CWA/CS for representational services. Old Notification 25/2006 Gist is as follows: the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby... ......

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SERVICE TAX ON HEALTH CHECK & TREATMENT WITHDRAWN

Posted: 26 Apr 2011 05:51 AM PDT


Provided Special Exemption to Hospital/Nursing Home rendering services under Section 65(105) (zzzzo) i.e. by any hospital, nursing home or multi-specialty clinic,— to an employee of any business entity, in relation to health check-up or preventive care, where the payment for such check-up or preventive care is made by such business entity directly to such hospital, nursing home or... ......

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HOTEL ROOM RENT LES S THAN 1000 EXEMPTED FROM SERVICE TAX

Posted: 26 Apr 2011 05:49 AM PDT


For Hotel Industry exemption reinforced by (Notification No 31/2011) When the declared tariff for providing of such accommodation is less than rupees 1000 per day from the whole of the service tax leviable thereon under section 66 of the said Act. Explanation:- For the purpose of this notification, "declared tariff" includes charges for all amenities provided in the unit of...

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SERVICE TAX ON PRE SCHOOL & OTHER COACHING CENTER WITHDRAWN

Posted: 26 Apr 2011 05:46 AM PDT


Recently CBEC issued number of Notifications to amend various provisions. Gist of the Amendment is given below:All the changes in old services and new services will become applicable from 1st May 2011. (Notification No 29/2011) Fresh Exemption is provided to (Notification No 33/2011) any preschool coaching and training; any coaching or training leading to grant of a certificate or diploma...

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Order u/s 197 does not debar A.O to issue notice u/s 147 for reassessment: Delhi High Court

Posted: 25 Apr 2011 08:43 PM PDT


Delhi High Court in a writ petition by AREVA T&D, SA held on 25/04/2011 that opinion formed at the time of issue of certificate of lower deduction certificate u/s 197(1) of the I T Act  is not relevant for opinion forming for issue of notice u/s 147 . Facts of the case Areva T & [...] Order u/s 197 does not debar A.O to issue notice u/s 147 for reassessment: Delhi High Court is a post...

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