December 7, 2012 1:50 PM

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Service tax evasion by insurance cos being probed: Chidambaram

Union Finance Minister P. Chidambaram said that evasion of service tax by insurance companies has been detected and show cause notices issued to some of them. Replying to a question in the Lok Sabha, Mr. Chidambaram said, investigation in some cases is on while recovery has been made in other cases.

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