https://www.taxtmi.com/caselaws?id=4114 Outsourcing of meter reading, billing support and ledger maintenance for an electricity company did not constitute professional accounting service by a practicing chartered accountant. The work was limited to clerical and bookkeeping functions carried out by non-professional contract employees, and it did not involve the wider accountancy functions of identifying, summarising, analysing and presenting business transactions for financial statements or a balance sheet. As the statutory concept of practice under the Chartered Accountants Act was not satisfied, the activity fell outside the taxable category of professional accounting service. The Revenue's challenge failed and the relief granted to the assessee was upheld. en-us Fri, 18 Jan 2008 00:00:00 +0530 Wed, 21 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4114 Outsourcing of meter reading, billing support and ledger maintenance for an electricity company did not constitute professional accounting service by a practicing chartered accountant. The work was limited to clerical and bookkeeping functions carried out by non-professional contract employees, and it did not involve the wider accountancy functions of identifying, summarising, analysing and presenting business transactions for financial statements or a balance sheet. As the statutory concept of practice under the Chartered Accountants Act was not satisfied, the activity fell outside the taxable category of professional accounting service. The Revenue's challenge failed and the relief granted to the assessee was upheld. Case-Laws Service Tax Fri, 18 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4114