2018 (8) TMI 24

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....e Appellant(s): Sh. Anand Desai, C.A. Present for the Respondent(s): Sh. Bhasha Ram, A.R. ORDER Per : Devender Singh The petitioner is a public sector bank and hold service tax registration in the category of Banking and Financial Services. A show cause notice was issued to them demanding service tax of Rs. 54,552/- along with interest and proposing equivalent amount of penalty. The sa....

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....ion of Service Tax as per balance sheet prepared on accrual basis for the period prior to 01.04.2011 is not legally sustainable. On the reimbursement of expenses, he also relied on the judgment of the Hon'ble Supreme Court in the case of U.O.I vs. M/s Intercontinenatal Consultants and Technocrats Pvt Ltd - 2018 (3) TMI 357 - Supreme Court of India. 3. Ld. A.R. for the Revenue reiterates the fin....