Amendment in Sec.73

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....mendment in Sec.73<br> Query (Issue) Started By: - Admin TMI Dated:- 1-3-2015 Last Reply Date:- 1-3-2015 Service Tax<br>Got 1 Reply<br>Service Tax<br>Question - What are proposed amendment in Section....

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.... 73 in Finance Bill 2015 ? Reply By Admin TMI: The Reply: Section 73 is being amended in the following manner: (i) a new sub-section (1B) is being inserted to provide that recovery of the service t....

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....ax amount self-assessed and declared in the return but not paid shall be made under section 87, without service of any notice under sub-section (1) of section 73,; and (ii) sub-section (4A), that pro....

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....vides for reduced penalty if true and complete details of transaction were available on specified records, is being omitted.<br> Discussion Forum - Knowledge Sharing ....