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Service tax

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(Querist)
15 February 2016 We have received notice from service tax dept to pay 25 Lakhs. Ours is a Pvt. Ltd company. We have replied to dept that is not applicable to us. Is there any provision we have to make in accounts or we have to put note is enough. Pl inform.
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RAJESH KUMAR KHANDELWAL

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RAJESH KUMAR KHANDELWAL (Expert)
16 February 2016 You should make continent liability for the same and disclose it by appropriate note.

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