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High Court Rules Chit Fund Transactions Exempt from Service Tax u/s 65B(44) and Negative List Provisions.

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....Levy of Service Tax on Chit Business - Scope of the term “services“ - section 65B(44) - Negative list - transaction in money - No Service Tax - Sr. No. 8 of the Abatement Ntf no. 26/2012 quashed. - HC....

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