Realtor arrested for evading service tax

Service tax officers of Hyderabad-II commissionerate arrested D. Vijaysen Reddy, a realtor, on the charge of evading payment to the tune of Rs 2 crore on renting of immovable property service. In a statement, CBEC commissioner M K Singh said Reddy committed a non-cognizable offence attracting the provisions of Section 89 (1) (a) of the Finance Act, 1994. He was arrested and subsequently released on bail bond and surety by the assistant commissioner, service tax (evasion), on Wednesday.