https://www.taxtmi.com/caselaws?id=761304 CESTAT NEW DELHI dismissed service tax demand, interest and penalty against a public sector undertaking based on differences between Trial Balance and ST-3 Returns for Works Contract, Legal Consultancy, Security Services and property rental. The Tribunal held that mere differences in figures without corroborative evidence cannot establish taxable service provision, following precedents in Go Bindas Entertainment and SBI Life Insurance cases. Extended limitation period was improperly invoked as alleged errors would have been discoverable through proper return scrutiny. Additionally, penalty under Section 78 was set aside applying the principle that public sector undertakings have no presumed intention to evade tax. en-us Wed, 06 Nov 2024 00:00:00 +0530 Thu, 07 Nov 2024 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761304 CESTAT NEW DELHI dismissed service tax demand, interest and penalty against a public sector undertaking based on differences between Trial Balance and ST-3 Returns for Works Contract, Legal Consultancy, Security Services and property rental. The Tribunal held that mere differences in figures without corroborative evidence cannot establish taxable service provision, following precedents in Go Bindas Entertainment and SBI Life Insurance cases. Extended limitation period was improperly invoked as alleged errors would have been discoverable through proper return scrutiny. Additionally, penalty under Section 78 was set aside applying the principle that public sector undertakings have no presumed intention to evade tax. Case-Laws Service Tax Wed, 06 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761304