Third party data verification 26AS Vs. ST-3 return for the period 2012-13 no scn department writes letter to deposit differential amount of taxable value on the basis of 26AS

[Ahesanali Khan]

Now Service Tax Department is pressing hard for payment of service tax value shown in 26AS under 194C for the period of 2012-13. it is a mis-match of ST-3 return differential amount. 5 years time limit for demand has already been expired. should assessee pay that 2012-13 amount after 5 years though the amount is liability to pay to Govt. exchequer. under third party data verification under section 15A & B asking documents for verification. how they will confirm taxable amount. case seems heat by limitation of time. please guide.

AI Summary

Taxable Value Discrepancy in Form 26AS vs. ST-3 for 2012-13; Five-Year Limitation Expired, Consider Writ Petition The discussion revolves around a mismatch between the taxable value reported in Form 26AS and the ST-3 return for the 2012-13 period. The Service Tax Department is demanding payment based on the 26AS form, despite the five-year limitation period having expired. Participants advise examining the case on merits and time limitations, noting that not all amounts in Form 26AS are subject to Service Tax. It is suggested that if the amount is significant, a writ petition could be filed. The importance of reviewing accounts and complying with notices is emphasized, while also being cautious about contractual terms with service receivers.