Dated 11th July 2013
Government of India, Ministry of Finance (Department of Revenue) vide its Notification No.4/2013 – Service Tax dated 1st March, 2013 hereby specified specifies “the resident public limited company” as class of persons under sub-clause (iii) of clause (b) of section 96A of the Finance Act, 1994 (32 of 1994).
Explanation.- For the purposes of this notification,-
(a) “public limited company” shall have the same meaning as is assigned to “public company” in clause (iv) of sub-section (1) of section 3 of the Companies Act, 1956 (1 of 1956) and shall include a private company that becomes a public company by virtue of section 43A of the said Act;
(b) “resident” shall have the same meaning as is assigned to it in clause (42) of section 2 of the Income-tax Act, 1961 (43 of 1961) in so far as it applies to a company.
SOURCE: GOVT. OF INDIA, Ministry of Finance