https://www.taxtmi.com/caselaws?id=753699 CESTAT Allahabad classified services related to merger and acquisitions, including financial analysis, due diligence, and deal structuring, as Business and Management Consultancy Services subject to service tax. The tribunal upheld the extended limitation period, finding the appellant's non-registration and non-payment constituted willful suppression rather than bonafide error, citing a 2001 Board clarification. Interest and penalties under Sections 75, 77, and 78 were deemed maintainable. The matter was partly remanded to the original authority for redetermination of tax quantum and Section 78 penalty, with instructions to exclude amounts classifiable under Legal Consultancy Services for the pre-September 2009 period. en-us Thu, 06 Jun 2024 00:00:00 +0530 Fri, 07 Jun 2024 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753699 CESTAT Allahabad classified services related to merger and acquisitions, including financial analysis, due diligence, and deal structuring, as Business and Management Consultancy Services subject to service tax. The tribunal upheld the extended limitation period, finding the appellant's non-registration and non-payment constituted willful suppression rather than bonafide error, citing a 2001 Board clarification. Interest and penalties under Sections 75, 77, and 78 were deemed maintainable. The matter was partly remanded to the original authority for redetermination of tax quantum and Section 78 penalty, with instructions to exclude amounts classifiable under Legal Consultancy Services for the pre-September 2009 period. Case-Laws Service Tax Thu, 06 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753699