Friday, January 22, 2010

Service tax demand on value of materials supplied in course of rendering taxable service is not sustainable where service provider has paid State VAT on same.
Section 4 of Securities Contracts (Regulation)Act, 1956 does not require publication of pre-recognition Rules and Bye-laws of a Stock Exchange [SC]
No addition can be made or sustained simply on basis of statement recorded at time of survey/search [ITAT-Mum.]

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