Service Tax Demand Confirmed on Related Party Transactions with Provisional Debit Entries Finalized as Adjustments in Books.

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....Related party transactions - associated enterprises - once debit entries were made even though provisional basis and subsequently final entries are made, it is only the adjustment in the books of account and for this reason the entries made at the first time cannot be said to be irrelevant for deciding the point of taxation. - demand of service tax confirmed - AT....