HomeIndirect TaxesMerger & Acquisition Advisory Not Taxable as Management Consultancy; No Service Tax...

Merger & Acquisition Advisory Not Taxable as Management Consultancy; No Service Tax on Shareholders for Share Sale Transactions: CESTAT

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that advisory services relating to merger and acquisition (M&A) cannot be classified under “Management or Business Consultancy Service” for the relevant period, thereby setting aside the service tax demand raised on individual shareholders. The bench of Angad Prasad (Judicial Member) and A.K….

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...

CESTAT Quashes ₹2.31 Crore Service Tax Demand on Legal Services

The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...

ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...

Supreme Court Resolves Reassessment Jurisdiction Dispute: Clarifies Role of Jurisdictional and Faceless Assessing Officers Under Income Tax Law

The Supreme Court has settled the long-standing controversy over whether reassessment notices and orders...

More like this

R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...

CESTAT Quashes ₹2.31 Crore Service Tax Demand on Legal Services

The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...

ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...