Whether tax is deducted on redemption on preference share

This query is : Open

CA Ashwani Agarwal (Querist)
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24 April 2012 Before the Budget 2012, Service Tax :

1. Hotel Service : 50% abatement.
2. Restaurent service : 70% abatement.

But now what are the effects of the following 2 notifications on the same?

http://www.servicetax.gov.in/notifications/notfns-2012/st13-2012.htm

http://www.servicetax.gov.in/notifications/notfns-2012/st11-2012.htm

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2012 Hi,

If a company pay dividend on Equity or/and preference share, company have to pay tax on dividend. But if a company redeem preference share on premimum, Whether company have to pay tax on premimum, If No, Why?