Tax | No service tax on venture capital funds for investment management activities: Karnataka High Court
The high court overturned the Customs Excise & Service Tax Appellate Tribunal’s order which held that service tax was applicable on the expenses incurred by the Venture Capital Funds as the fund was providing asset management services to the contributors
Technology Fund Vs Customs Excise Service Tax Appellate Tribunal Customs Excise Service Tax Appellate Tribunal Venture Capital Funds Technology Fund
Source: telegraphindia.com