TaxTMI 
TaxTMI 
Ernst and Young and its associates booked for Service Tax evasion
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....rnst and Young and its associates booked for Service Tax evasion <br>News and Press Release<br>Dated:- 6-11-2007<br><BR>M/s Ernst and Young (P) Ltd, one of the world's leading consultancy firms, and i....
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....ts associate entities - M/s Ernst and Young, M/s S.R. Batliboi and Co., S.R. Batliboi and Associates, have been issued Show Cause Notices for the Service Tax evasion of Rs. 7.29 crores, Rs. 9.28 lakhs....
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...., Rs. 43.5 lakhs and Rs. 34 lakhs respectively by the Service Tax Commissionerate, New Delhi. On the basis of information collected by the Commissionerate, investigations were initiated against M/s E....
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....rnst and Young to enquire into Service Tax evasion. After investigations M/s Ernst and Young and its associate entities were found to be liable to pay service tax as recipient of services from outside....
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.... India under Rule 2(1)(d)(iv) of Service Tax Rules, 1994; Section 65(105) explanation and Section 66A of the Finance Act, 1994. M/s Ernst and Young have already paid Rs. 2.20 crores approximately towa....
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....rds their Service Tax liability.<BR> News - Press release - PIB....