No Service Tax leviable on Chit Fund Business

Bimal Jain , Last updated: 11 March 2014 Share Follow on Google News

Dear Professional Colleague, Chit fund business constitutes transaction in money and not liable to service tax Recently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the Honble Delhi High Court in the case of Union of India Vs

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About the Author

Bimal Jain

Service

FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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