Service Tax Penalties on RBI Bonds and Mutual Funds Commissions Removed u/s 80 Provisions.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Penalty - belated payment of service tax - commission received on sale of RBI bonds and mutual funds - invoking the provisions of Section 80, the penalties imposed under Sections 76, 77 and 78 are set aside - AT....