Re: [aaykarbhavan] Fw: Liaison work is not Management Consultancy Service

Thnaks for your article sir. However i just wanted to confirm that, as per present law (negative list base service tax) this service is taxable or not. Since now we dont have to categorise the services, therefore i think the said act would be considered as a service.

 

Regards

CA Nayan Kahar

Partner

Thakkar Khamar & Assocites

Chartered Accountants

525, Vraj Siddhi Tower,

Opp Marimata's Lane

Nr.Khanderao Market,

Palace Road,

Vadodara. 390001 Mobile: 97243 65222

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Sent: Monday, 24 December 2012 5:19 PM
Subject: [aaykarbhavan] Fw: Liaison work is not Management Consultancy Service

 

----- Forwarded Message -----
From: K & K | Service Tax Update <info@kishoreandkishore.com>
To: djshah1944@yahoo.com
Sent: Monday, 24 December 2012 6:43 AM
Subject: Liaison work is not Management Consultancy Service

Dear Madam/Sir Liaison work is not in the nature of any consultancy or advice. But only one of the temporary functions that was required for the functioning of the company. If a person does the activity of collecting of debts of a company that person cannot be considered to be doing management consultancy service though debt collection is a responsibility of the management. Based on such reasoning liaison work cannot be considered as "Management or Business Consultancy" and cannot be taxed under section 65(105) (r) of Finance Act 1994. "Management Consultant" means any person who is engaged in providing any service either directly or indirectly in connection with the management of any organization in any manner and includes any person who renders any advice, consultancy or technical assistance relating to conceptualizing, devising, development, rectification or upgradation of any working system of any organization." Bharti Televentures Ltd. v. Commissioner of Central Excise However as per current statute nature of service is not very relevant. With Regards Delivering Excellence Since 1964 Delhi       *     Bangalore        *           Lucknow           *           Mathura http://www.kishoreandkishore.com/ If you have any questions, comments, suggestions, please don't hesitate to contact us at any time. We look forward to hearing from you. If there are other people you know who would like to subscribe to this newsletter, they can sign up by visiting our website by clicking here. Disclaimer: The contents of this document are solely for informational purpose. It does not constitute professional advice or recommendation of firm. While due care has been taken in preparing this document, the existence of mistakes and omissions herein is not ruled out. Neither the authors nor firm and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of Kishore & Kishore. Unsubscribe from this newsletter.

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