Clause 44 of section 65b of finance act 1994
WebApr 29, 2014 · It is pertinent to note that Taxable territory has been defined under sub-section 52 of section 65B and refers to the territory to which the provisions of Chapter V of the Finance Act, 1994 apply i.e. whole of India excluding the state of Jammu and Kashmir. ... Under Clause 2 (s) ... WebMar 17, 2024 · using provisions of Section 67(1) of the Finance Act, 1994 become a futile exercise.” 6. Mr. Rai Chandani then read paragraphs 8 and 9 of the judgment of the Tribunal, which are extracted below :-“8. The criticality of ‘consideration’ for determination of service, as defined in section 65B(44) of Finance Act, 1994, for the disputed
Clause 44 of section 65b of finance act 1994
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WebJan 31, 2015 · a residential complex predominantly meant for self-use or the use of their employees or other persons specified in the Explanation 1 to clause 44 of section 65B of the said Act; Under this exemption, two conditions are important, viz, - (a) Services should be provided to - (i) Government, (ii) Local authority, or (iii) Governmental Authority WebJun 13, 2012 · Sec. 65B (44) defines the term ‘service’ as any activity carried out by a person for another for consideration and includes a declared service, but shall not include- (a) an activity which constitutes namely:- (i) a transfer of title in goods or immoveable property, by way of sale, gift or in any other manner; or
WebMay 19, 2015 · On 14-05-2015, Finance Bill 2015 has become Finance Act 2015 as it received assent from the president. Let us analyse certain provisions which become applicable on enactment of the Finance Bill 2015 There are certain other amendments which become operational from a date to be notified after the enactment of Finance Act … WebApr 14, 2024 · 51. It is also relevant to refer to Clause (j) of Section 66E of the Act, as introduced by the Finance Act, 2000. The said clause specifically declares the assignment of the right to use radio frequency or subsequent transfer thereof as a declared service. Clause (j) of Section 66E of the Act reads as under: “66E. Declared Services. – The ...
WebJan 7, 2012 · Section 65B - Interpretations (w.e.f. 1-7-2012) - Chapter V of Finance Act, 1994. x x x x x Extracts x x x x x..... bill of exchange, letter of credit, draft, pay order, … WebMar 23, 2016 · This general rule is derived from sec 65B(44) of Finance Act. Service means any activity for consideration ==Carried out by a person for another & includes a declared service . Explanation 3 of the same sec 65B(44) gives 2 exceptions to this rule . And you have got one of it very well Shivani
WebJan 7, 2012 · 7 [ Explanation. – For the purposes of this clause, the expression “betting, gambling or lottery” shall not include the activity specified in Explanation 2 to clause (44) …
Web(f) Any process amounting to manufacture or production of goods (g) Selling of space or time slots for advertisements (h) Service by way of access to a road or a bridge on payment of toll charges (i) Betting, gambling or lottery (j) Admission to entertainment events or access to amusement facilities circuitpython raspberry picoWebApr 5, 2016 · Definition of service [Section 65B(44)] : Earlier, under the selective approach of taxation of services, the word “service” was nowhere defined in the Finance Act, 1994. In the negative list approach of taxation of services, the definition of service gains … Anonymous Donations received by Charitable Trusts/Institutions to be … In short , section 67 (1) (iii) of the Finance Act ,1994 ensures payment of service … circuit python randomWebSection 65 of Finance Act 1994 - TaxIndiaUpdates In Section 65 of Finance Act 1994 1 [ Definitions. In this Chapter, unless the context otherwise requires,— 90 [ Explanation. circuit python random numberWebOct 8, 2013 · With effect from July 1, 2012, Service is defined under Section 65B(44) of Chapter V of the Finance Act, 1994 (“the Finance Act”) means any activity carried out by a person for another person for a consideration is service, which includes a declared service.Further service tax is applicable unless said service falls under the negative list … diamond disposable steak knivesWebNov 28, 2012 · In order to ensure wide coverage of services under the ambid of service tax, the term 'Service' has been defined under the new inserted section 65B ( 44) in the Finance Act, 2012, which reads as follows- "Service" means any activity carried out by a person for another for consideration, and includes a declared service, but shall not … circuitpython read a csv fileWebAct for the time being in force; (41) "renting" means allowing, permitting or granting access, entry, occupation, use or any such facility, wholly or partly, in an immovable property, with or without the transfer of possession or control of the said immovable property and includes letting, leasing, licensing or other similar arrangements in … circuitpython read adcWebChapter V of Finance Act, 1994 Application of certain provisions of Act 1 of 1944. 83. The provisions of the following sections of the Central Excise Act, 1944 (1 of 1944), as in force from time to time, shall apply, so far as may be, in relation to service tax as they apply in ... [ 13 [sub-section (2A) of section 5A, sub-section (2) of ... diamond distributors ransomware