Service  Tax & Income Tax Consultants Bangalore, Accounting Services, Audit Firm in India.

Service Tax & Income Tax Consultants Bangalore, Accounting Services, Audit Firm in India.

Service Tax & Income Tax Consultants Bangalore, Accounting Services, Audit Firm in India.

Call Us : +91-7676887733
Email us : info@s3solutions.in


Articles on Tax & Other Subjects - by S Sivakumar


  • Direct Taxes
  • IT Sector
  • Misc Topics
  • Realty Sector
  • Service Tax
  • SEZ_FTP_Exports_Economy
  • Amendment to Rule 6(3) of CCR involving ‘exempted services’ – a dangerous development : 22-03-2016
  • Unwelcome amendments in penalty related provisions in Income tax Act – March 1, 2016
  • Why Budget will fail to usher in ‘non-adversarial’ tax administration -15-07-2014
  • ‘Exemption or Deduction’ under tax holiday Sections – Controversial CBDT Circular : 16-09-2013
  • Is Vodofone issue eclipsing other and more obnoxious retrospective amendments? – May 25, 2012
  • TDS on purchase of immovable properties could lead to all around confusion – Apr 24, 2012
  • Devising a tax friendly salary package for FY2012-13-from S3 Solutions.. – Mar 30, 2012
  • Undermining Judiciary thro’ retrospective amendments – Rule of Babus prevailing over Rule of Law – Mar 19, 2012
  • Government reinforces the ‘legislative will’ and overrules Vodafone and Ericsson AB decisions – ( No refund to Vodafone ?) – Mar 16, 2012
  • SC Decision in Vodafone Case – A Litany of After-Effects – Jan 30, 2012
  • International Taxation – Industry requires clarity from Budget 2011 – Feb 26, 2011
  • DTC Bill -Companies have little to cheer about! – Sep 2, 2010
  • Revised Discussion Paper on DTC -An Analysis – June 18, 2010
  • Amended Sec 56 might seriously hurt investments into private companies – April 12, 2010
  • Karnataka HC ruling in Samsung Electronics case Significant Spin-offs – Feb 16, 2010
  • Karnataka HC Decision on TDS Under Section 195 -An Analysis – Nov 27, 2009
  • New Direct Tax Code Bill, 2009 with our Immediate Comments – Aug 14, 2009
  • Broad Tax Expectation From The Budget 2009 – July 7, 2009
  • TDS gets really really tedious – Apr 15, 2009
  • TP ordeal for STP units -Advantage swings back to Revenue – Mar 30, 2009
  • Should FM abolish Wealth Tax? – Feb 19, 2008
  • For heaven’s sake, please scrap FBT! – Feb 13, 2008
  • Is FBT payable on ESOPs involving foreign shares? – Nov 15, 2007
  • Thank you Mr Chidambaram, for making e-filing a pleasant e-experience – Nov 7, 2007
  • Are loss-making companies liable for FBT – a fresh view – October 22, 2007
  • Increase in IT withholding rate could make technology imports costlier – Mar 4, 2013
  • Confusion related to IT Sector would continue under the new ST Law – June 19, 2012
  • Budget 2012 – Huge Disappointment for IT – Mar 20, 2012
  • FM should re-introduce tax holiday under STPI scheme – Feb 24, 2012
  • SC Decision in Vodafone Case – Jan 30, 2012
  • How would the penalty and prosecution provisions affect the IT and Services sectors – March 23, 2011
  • How Point Of Taxation Rules Would Affect Information Technology Industry – March 21, 2011
  • How Changes in Cenvat Credit Scheme will affect IT Industry – March 21, 2011
  • Budget 2011-12 No Cheer For IT Sector – Feb 28, 2011
  • IT Sector pleads for continuation of and clarity in respect of tax holiday under STPI and SEZ schemes – Feb 9, 2011
  • MRP-based Scheme for packaged Software Govt opens Pandora s box – Dec 26, 2010
  • Delhi ITAT’s decision in Microsoft case could create fresh confusion and controversies – Nov 10, 2010
  • ISODA case-article in VATLAWS – Oct 15, 2010
  • Indirect Taxes on packaged software – Confusion confounded Post-Budget 2010 – Oct 6, 2010
  • Madras HC decision in ISODA case could create fresh controversies … – Sep 24, 2010
  • Finance Bill 2010 Fall Out for IT Sector – February 26, 2010
  • Government continues to be confused about Software Industry – July 11, 2009
  • Excise duty on Packaged Software Licenses – July 10, 2009
  • A Practical Guide To The Relevant Budget Proposals For IT Companies – July 8,2009
  • BUDGET 2009-10 hugely Disappointing For The Information Technology Industry – July 7, 2009
  • FM must extend tax holiday to keep IT Sector away from ‘holiday’ – June 24, 2009
  • Indirect taxes on customized software-Madras HC delivers a blow on VST – Nov 21, 2008
  • Service tax on customised software-Madras HC delivers a punch – Nov 4, 2008
  • Customised Software-Service, Sale or Both VST – October 24, 2008
  • Service tax on transfer of software licenses – TDS fall-outs – July 23, 2008
  • Rule 6 of Cenvat Credit Rules -CBEC latest Circular does give relief to IT Sector but fails to answer many questions! – May 10, 2008
  • PC’s Budget delivers a deadly blow to IT SMEs – April 2, 2008
  • Do our policy makers really understand the software industry – March 28, 2008
  • Service tax on Software – Centre poaching in States’ territory – March 10, 2008
  • Mr FM Sir-what is grouse against the software industry – Mar 1, 2008
  • Will PC extend tax holiday for EOUs – Feb 29, 2008
  • Withdraw exemption given to software services – Feb 15, 2008
  • Service Tax refund to software exporters – Sep 18, 2007
  • Swachh Bharat Cess – FAQ adds to confusion : 16-11-2015
  • Swachh Bharat Cess – An impatient & hurried imposition : 09-11-2015
  • Will GST end anomalies associated with decade old VAT regime? : 27-10-2015
  • Is it constitutional to use Finance Bill to amend FEMA, 1999? : 09-03-2015
  • The Finance (No. 2) Bill 2014 : 10-07-2014
  • Key Features of Budget 2014-15 : 10-07-2014
  • Budget Speech 2014-15 : 10-07-2014
  • D.O. Letter from JS(TRU-II) : 10-07-2014
  • D.O. Letter from JS(TRU-I) : 10-07-2014
  • Servicetax Explaination : 10-07-2014
  • The Finance (No. 2) Bill 2014 : 10-07-2014
  • Key Features of Budget 2014-15 : 10-07-2014
  • Budget Speech 2014-15 : 10-07-2014
  • Indirect Taxes – Modest expectations from New FM : 26-06-2014
  • Drastic Changes In Services Export Certification Process – 03-02-2014
  • Can VCES be still made a success? – 14-11-2013
  • Companies Bill, 2012 – A historic legislation all set to replace 66 year old law … : Jan 2, 2013
  • Anna Hazare has a following in China too… – August 22, 2011
  • Anna Hazare’s armageddon A tax practitioner’s perception of corruption in tax administration – May 22, 2011
  • Foreign nationals- employment in India: Deadline for return home comes to an end today – Oct 31, 2009
  • GST white paper needs to address major concerns of industry – Oct 21, 2009
  • Will Obama’s tax cuts leave Bangalore ‘Bangalored’? – May 9, 2009
  • ICAI – Please wake up – Jan 30, 2009
  • Satyam needs to be revived… Without any bail-out! – Jan 23, 2009
  • Fraud at Satyam: Is this just the tip of an iceberg? – Jan 12, 2009
  • Tatas pull out from singur a blessing in disguise for west bengal VST – Oct 24, 2008
  • Tata’s pull-out from Singur: A blessing in disguise for West Bengal? – Oct 6, 2008
  • Will RBI further simplify export procedures? – Aug 6, 2008
  • A common man’s perspective of Nuclear deal – July 14, 2008
  • Will PC emulate Laloo – Feb 25, 2008
  • The logic (or the lack of it) of fuel price hike – Feb 20, 2008
  • Realty Sector under GST model law – where is clarity? – Aug 1, 2016
  • Valuation of joint development projects – Confusion galore : 29-01-2016
  • Note on Notification No. 39 of 2013 on TDS on purchase of immovable properties – June 4, 2013
  • TDS of 1% on purchase of immovable properties, with effect from – Apr 1, 2013
  • Construction of single residential unit – ST Exemption : 4, Sep 2012
  • Budget is hugely negative for Realty Sector – Mar 27, 2012
  • Service Tax on realty sector – Will Govt bring about much-needed clarity and fairness – Mar 6, 2012
  • CBEC Circular on Construction Services – Yet another googly on bouncy track? – Feb 17, 2012
  • ST on Construction of Complex services becomes more ‘complex’ after Budget – Mar 8, 2011
  • Cenvat Credit Changes will drastically affect Realty Players – Mar 2, 2011
  • New controversies dog Realty Sector – June 2, 2010
  • Point of Taxation Rules could spell ‘real’ time trouble for Realty Developers and Builders – Mar 21, 2010
  • Service tax on residential complexes: Board proposes … Department disposes! – Nov 13, 2009
  • Service tax on Client Supplied Materials – Government scores a self goal? – Aug 4, 2009
  • FM’S PACKAGE MIGHT MEAN LITTLE FOR REALTY SECTOR – July 28, 2009
  • Govt seeks to retrospectively withdraw tax breaks for realty developers – July 13, 2009
  • Realty Sector expects clarity on tax provisions – June 10, 2009
  • Service tax on realty sector becomes more confusion after board circular no 108 of 2009 – Mar 13, 2009
  • CBEC Circular puts Realty Sector in neutral gear! – Feb 24, 2009
  • Service Tax: CBEC Circular opens up a pandora’s box – Jan 31, 2009
  • Impact of SC ruling on VAT and Service Tax on works contractors – Dec 30, 2008
  • Bangalore Cestat decision on service tax liability of developers – A shade of sharp opinion! – Aug 29, 2008
  • Service Tax on Real Estate Sector: Will latest SC order under CPA, 1986 affect joint development agreements? – Aug 19, 2008
  • Attachment of property provisions in Service Tax: Controversial, outrageous, unethical and dictatorial! – July 14, 2008
  • Landmark ruling from Guwahati High Court delivers a punch on Service Tax Department – June 20, 2008
  • Increase in Works Contract Service Tax rate to 4% – A case of promisory estoppel?- May 23, 2008
  • Rule 6 of Cenvat Credit Rules: CBEC latest Circular does give relief to IT Sector but fails to answer many questions! – May 10, 2008
  • Real Estate Sector in ‘real trouble’ after Advance – Apr 23, 2008
  • Real estate sector taken for a ‘real’ ride – Mar 1, 2008
  • Post CBEC Circular on Service Tax – Are works contractors liable at all? – Feb 15, 2008
  • Service Tax on renting of immovable property : No credit for denying Cenvat Credit – Jan 4, 2008
  • Real estate service tax lacks clarity – Nov 17, 2007
  • Service Tax Planning : Options available to real estate players – June 1, 2007
  • Composition Scheme can’t be denied to ongoing projects – June 1, 2007
  • Realty players – confusion continues ‘unabated’ in GST – 21-07-2017
  • Reverse Charge- an onerous requirement despite 8/2017-CTR – 03-07-2017
  • GST – Adding to burden of employer – 26-06-2017
  • GST Rates – 19-06-2017
  • Restricted exemption to sports under GST – 15-06-2017
  • Realty Sector – 12% vs 18% under GST – never-ending dilemma – 13-06-2017
  • Reverse Charge Mechanism under GST – draconian provisions – 24-05-2017
  • Input tax credit under GST – complications vis-à-vis payments to suppliers – 23-05-2017
  • Transitional provisions related to civil works contractors – Notification No. 26/2012-ST vs Rule 2A – 09-05-2017
  • Reimbursements not taxable under GST Law – 05-05-2017
  • Treatment of ‘sale of land’ under GST – contradictions galore – 02-05-2017
  • ITC under CGST Act- where is need for linking of payments to suppliers? – 19-04-2017
  • Anti-profiteering provision in GST – 17-04-2017
  • Denial of ITC on construction of ‘immovable property’ under GST – a wholly unjustified move – 14-11-2016
  • GST implications on IT/ITes/BPO sectors – 01-11-2016
  • GST Model Law – A mixed bag for Software Sector ? : 25-07-2016
  • Model GST Law – where is ease of doing business? – 15-07-2016
  • Delhi HC’s decision vis-a-vis levy of ST on sale of unfinished flats – an analysis : 13-06-2016
  • ST clarificatory Circular 192 falls short of expectations – 26-04-2016
  • ST on services rendered by ‘Govt’ – opening Pandora’s Box? : April 13, 2016
  • Insertion of sub-section (2) in Section 67A of FA, 1994 vis-a-vis POTR – confusions galore – 05-04-2016
  • ST Refund to Services Exporters – has Government scored a self-goal? : March 8, 2016
  • Indirect Tax Dispute Resolution Sche me, 2016 – will this really result in reduction of litigation? – 01-03-2016
  • Increase in normal period for issuance of SCNs – protecting inefficient Babus : 01-03-2016
  • Are original documents required to be filed for claiming refund? : 08-02-2016
  • Sanctioning Refund claims on provisional basis – an escape route? 12-11-2015
  • Service Tax on Yoga – different asanas (postures) by two Ministries : 05-11-2015
  • Transfer of right to use brand name – deemed sale or service : 16-09-2015
  • Filing of quarterly refund claims by exporters – Computation of limitation period : 06-07-2015
  • Why has ST refund mechanism failed so miserably? : 28-04-2015
  • Section 73(4B) of FA, 1994 needs an explanation : 25-02-2015
  • Rule 15 of CCR, 2004 requires amendment : 23-02-2015
  • Is mandatory pre-deposit slowing down indirect tax collections? : 16-02-2015
  • The never-ending drama related to service tax audit … : 24-12-2014
  • Rule 5(a) of POT Rules vis-à-vis new services taxable from 1-10-2014 : 30-09-2014
  • Huge increase in interest rate for delayed ST payment unjustified : 15-07-2014
  • CENVAT Credit to be availed within 6 months – a draconian development : 11-07-2014
  • Mandatory pre-deposit in indirect taxes – a case of mixed feelings : 10-07-2014
  • Some out of the box thinking for reducing litigation : 08-07-2014
  • CESTAT should start levying penalties on Adjudicating & Appellate authorities : 18-06-2014
  • ‘Original Works’ under Rule 2A an ‘original’ interpretation needed : 01-04-2014
  • Will GST really prove to be a panacea for all ills in indirect tax system? – 04-02-2014
  • Service tax on works contracts – post L&T decision – 07-01-2014
  • SC decision in L&T case – VAT effect & ST implication – Part 2 – 25-10-2013
  • SC decision in L&T case – VAT effect & ST implication – 30-09-2013
  • Service Tax Adjudication System needs complete overhaul – Aug 21, 2013
  • Exercise of caution – New proposals in Service Tax could get misused – Mar 8, 2013
  • On Why Service Tax ‘VDIS’ is unlikely to succeed – Mar 7, 2013
  • Levy of ST on Air-Conditioned Hotels – Negative development for Hospitality Sector – Mar 1, 2013
  • Interesting provisions related to disposal of appeals by CESTAT – Mar 1, 2013
  • TDS on purchase of immovable properties – A procedural nightmare? – Mar 1, 2013
  • Place of Provision of Services Rules, 2012 lacks clarity – Feb 25, 2013
  • CBEC may like to speed up issuing Notification under Rule 5B of CCRs – Feb 22, 2013
  • Need to revisit Summons Proceedings – Feb 20, 2013
  • Government must clarify service tax levy on Joint Development Agreements – Feb 14, 2013
  • Kerala HC’s decision on deemed sales – some major ramifications … – 13-02-13
  • Increase the service tax rate but ensure a seamless cenvat credit scheme – Jan 30, 2013
  • CBEC Circular on ‘recovery’ – Why this ‘Kolaveri’? – Jan 18, 2013
  • Reimbursements in Service Tax – Ramification of Delhi HC Decision – Dec 14, 2012
  • ST on Employers – Draft Circular – Obnoxious Provisions Galore – Oct 30, 2012
  • Service Tax Levy on Newspapers and Magazines lacks clarity? – Oct 3, 2012
  • Indirect Tax Administration – Need to recognize honesty and transparency – 24, Sep 2012
  • Reverse Charge Mechanism under service tax – an updated Guide – Aug 16, 2012
  • TRU’s PPT on service tax changes – the good, the bad and the ugly – July 24, 2012
  • Good Bye, dear Notification No. 12/2003… – July 10, 2012
  • ST on manpower supply services under reverse charge – more clarity required….. – July 6, 2012
  • New Circular makes Government s intention clear….. – July 2, 2012
  • Is Employer a service provider under new service tax law – June 27, 2012
  • Board’s latest googly, the Education Guide – What an idea, Sirji – June 26, 2012
  • Is service tax law intruding into our personal lives – June 26, 2012
  • Cenvat Credit Scheme continues to lag far behind the march of service tax law – June 23, 2012
  • Employers are service providers vis-a-vis employees under the new service tax law – June 22, 2012
  • Confusion related to IT Sector would continue under the new ST Law – June 22, 2012
  • Rule 2A has not considered the expanded definition of works contracts – June 20, 2012
  • Service tax on employer-employee related transactions – June 12, 2012
  • Illegal Activites, Bribes, etc. are covered under the new service tax law – June 12, 2012
  • Why Litigation will necessarily increase under New ST law – June 6, 2012
  • CESTAT decision on Joint Development Agreement – A (further) Analysis – June 5, 2012
  • Works Contract – Levying tax on ‘service portion’ by exempting ‘goods’ portion – A great step forward – May 15, 2012
  • Budget 2012: Why has FM been so unkind to CAs? – Apr 10, 2012
  • Service tax on composite transactions – Confrontation between Centre and States on cards? – Mar 23, 2012
  • TRU Circular on 2012 Budget changes in servcie tax – Mar 22, 2012
  • New Definition of ‘service’ could lead to big time confusion and litigation – 16, Mar 2012
  • LB decision in Aggarwal Color case on Notification No. 12/2003– an analysis – Dec 21, 2011
  • Are Point of Taxation Rules Constitutionally Valid? – Nov 15, 2011
  • SC order in Retailers Association case might require Review or curative petition … – Oct 25, 2011
  • NEEDED URGENTLY – A COMPLETELY NEW ST-3 RETURN FORMAT Dated: – Oct 17, 2011
  • Service Tax on Renting Services – where is the ‘Lessor’s Alternative? – Oct 11, 2011
  • Making sense of expanded definition of Exempted Services – AUG 16, 2011
  • Point of Taxation Rules 2011 could lead to severe confusion – July 22, 2011
  • Exclusion Clause under ‘Input Services’ would create large-scale litigation – JULY 1, 2011
  • A Convoluted Attempt to understand ‘Input Services’ – Apr 10, 2011
  • Amended point of taxation rules still remain quite complex – Apr 5, 2011
  • Service Tax on Accrual Basis might create chaos – Mar 5, 2011
  • Government needs to do a complete rethink of prosecution provisions under service tax law – Mar 3, 2011
  • Service Tax on Restaurants and Hotels – Centre transgressing into States’ territory – Feb 28, 2011
  • Will FM handle these most contentious service tax controversies in the Budget – Feb 26, 2011
  • Remanding of service tax refund claims : Appellate Commissioners find ingenious ways to beat Board Circular – Jan 22, 2011
  • Service Tax on Rentals Conflicting HC decisions add to confusion …, – Dec 1, 2010
  • Refund of accumulated cenvat credit to exporters amending notification without amending rule 5 would not deliver results – Oct 4, 2010
  • Service tax on commercial rentals – no solution in sight as litigation continues! – JUNE 29, 2010
  • Service Tax refunds to exporters… Back to ‘Square One’ after Bangalore Tribunal Decision – Apr 27, 2010
  • Point of Taxation Rules could spell ‘real’ time trouble for Realty Developers and Builders – Mar 21, 2010
  • Refund of accumulated cenvat credit to exporters – amending notification without amending rule 5 would not deliver results – Mar 4, 2010
  • Service tax on distribution of films – centre poaching into states’ territory – Mar 3, 2010
  • Is it fair to bring Health Care Sector and Hospitals under service tax net? – Mar 2, 2010
  • Why this intolerance towards the apex and High Courts? – Feb 27, 2010
  • Latest circular on service tax refunds for exporters could actually create more difficulties – Feb 5, 2010
  • Service tax on import of services – Can refund be claimed for tax paid prior to 18.4.2006? – Dec 22, 2009
  • Service tax on import of services – Can refund be claimed for tax paid prior to 18.4.2006? – Dec 22, 2009
  • Service tax on residential complexes: Board proposes … Department disposes! – Nov 13, 2009
  • Multiple state GST rates – politics overtaking economics? – Sept 23, 2009
  • GST – A blind man’s attempt to describe an elephant? – Sept 01, 2009
  • Interactive Session With Bangalore Service Tax Commissioners An Excellent Attempt Worth Emulating By Other Commissionerates – Aug 20, 2009
  • Service tax on Client Supplied Materials – Government scores a self goal? – AUG 04, 2009
  • Service Tax Refund To Exporters : A Farce? – July 2, 2009
  • ST on Renting after Delhi HC decision : A case of misplaced euphoria? – Apr 27, 2009
  • Service Tax liability on importers starts only from – Apr 7, 2009
  • Service tax refund to exporters: A mirage? – Feb 28, 2009
  • Servicetax Rate Reduction – A Practical Guide – Feb 24, 2009
  • Summons proceedings under Service Tax : An intimidating tool of Revenue – Jan 8, 2009
  • Is CBEC’s view on ‘exempted services’ legally sustainable? – Nov 25, 2008
  • A few tips on art of handling Departmental visits! – Jun 02, 2008
  • Associated enterprises’ provisions open up pandora’s box! – May 27, 2008
  • Are STPs entitled to obtain refund of Cenvat Credit? – Apr 13, 2008
  • Publication of names of ‘offenders’ : One more intimidating tool for Service Tax Department? – Mar 20, 2008
  • Service Tax on software : Centre poaching in States’ territory? – Mar 10, 2008
  • The Return of the Dragon’ in Service Tax! – Mar 9, 2008
  • Amendment to Rule 6(3) of CCR – expect serious trouble! – Mar 6, 2008
  • New Service related to supply of tangible goods to open a Pandora’s box – Mar 3, 2008
  • Budget 2008: Will Mr. PC up Service Tax Rate? – Feb 15, 2008
  • Service Tax on renting of immovable property : No credit for denying Cenvat Credit – Jan 6, 2008
  • Service Tax refund to software exporters – ‘Goods’ better than ‘services’ – Jan 2, 2008
  • Cenvat Credit – a tricky and sticky wicket for new service providers – Nov 19, 2007