2010 (3) TMI 221

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..... nce: Shri S.Ramachandran, Advocate For the Appellants Ms.Indira Sisupal, JDR For the Respondent CORAM: Hon'ble Ms.Jyoti Balasundaram, Vice-President Levy of service tax of Rs.2,20,000/- together with interest and penalties imposed under the provisions of Section 76, 77 & 78 of the Finance Act, 1994 by the authorities below is challenged in the present appeal filed by the appellants who are P .....

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..... stipulates that the report in terms of Section 92E should be in Form No.3CEB. Audit report is required in terms of Section 224 of the Companies Act, 1956. A sample certificate under Section 92E of the Income Act is reproduced herein below:- 1FORM NO.3CEB [See Rule 10E] Report from an accountant to be furnished under section 92E relating to international transaction(s) 1. I/We examined the ac .....

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..... icable. 2.  This report has to be signed by (i) a chartered accountant within the meaning of the Chartered Accountants Act, 1949 (38 of 1949); or (ii) any person who, in relation to any State is, by virtue of the provisions in sub-section (2) of section 226 of the Companies Ac, 1956 (1 of 1956), entitled to appointed to act as an auditor of companies registered in that State. 1. Inserted .....

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