Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Service Tax »
Open DEMAT Account in 24 hrs
 6 Ways to Save Income Tax On New & Old Tax Regime for FY 2023-24
 Income Tax SFT return filing due date extension: Facility to remain open for a couple of days Latest news
 Income tax filing: Waiting for your Form 16? Here is what you need to know
 Salaried? Rental tax calculation rules you should know before ITR filing in 2023
 What are new tax regime's slabs? Know its limits, benefits, and more
 How much additional tax do you need to pay? ITR filing last date for FY 2019-20
 Income Tax Return Filing: How to file ITR - step-by-step guide
 New Income Tax Slabs for Super Senior Citizens 2023-24: Which rate will apply for ITR now?
 Income Tax Return filing 2023 data: How many Indians aged 18-35 years file ITR?
 Make tax-saving a part of your overall investment plan
 Filing ITR? Maximize Your Tax Savings With These 7 Allowance Benefits

Bombay HC refuses bail to service tax evader
March, 11th 2014

The Bombay high court has rejected a bail plea made by Kandra Naidu for nonpayment of service tax to the state worth over Rs 50 lakh.

Justice A R Joshi while pronouncing the order on March 5 held that the offence committed by Naidu was a "continuing offence" and as on May 2013, there were outstanding in the excess of Rs 50 lakh which remained the same even at the time of his arrest in January 2014. "It is not a case in which the applicant can be released on bail more so when the investigation is still going on. Consequently the present application for bail is dismissed," the judge ordered.

Naidu had moved against the Service Tax, Mumbai - II and the Maharashtra government on the grounds that there was no provision to arrest him under the latest legal provisions governing service tax.

Naidu, a director of M/s Prashant Transport Exchange Division and managing director of another firm was booked for offence punishable under Section 89 read with Section 90 of the Finance Act, 1994 for non-payment of service tax between 2010-2013.

The HC observed that Naidu had "collected Rs.2.59 Cores of Service Tax during 2010-2011to 2013-2014 but had not deposited the amount except for Rs15 Lakhs. The applicant had in fact never filed any service tax returns and as such knowingly utilized the Government monies for his personal use. "

Naidu did not dispute his liability to pay the tax but said "there is no authority in superintendent (AE) to arrest in view of the amended provisions of Section 89(1)(d) of the Finance Act, 1994."

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting