https://www.taxtmi.com/article/detailed?id=1821 The Finance Bill, 2012 introduced a penalty waiver provision for the renting of immovable property service that permits taxpayers to avoid penalty and litigation if they pay the service tax due on such renting in full with interest within the prescribed six month period; failure to avail the relief leaves the taxpayer subject to normal penalty rules, including show cause notices issuable within five years for non payment arising from fraud, collusion, willful misstatement, suppression of facts or contravention of the Act or rules. en-us Tue, 17 Jul 2012 08:14:33 +0530 Tue, 17 Jul 2012 08:14:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1821 The Finance Bill, 2012 introduced a penalty waiver provision for the renting of immovable property service that permits taxpayers to avoid penalty and litigation if they pay the service tax due on such renting in full with interest within the prescribed six month period; failure to avail the relief leaves the taxpayer subject to normal penalty rules, including show cause notices issuable within five years for non payment arising from fraud, collusion, willful misstatement, suppression of facts or contravention of the Act or rules. Articles Service Tax Tue, 17 Jul 2012 08:14:33 +0530 https://www.taxtmi.com/article/detailed?id=1821