when the period prescribed is three months as contrasted from 90 days from a specified date the said period would expire in the third month on the date corresponding to the date on which the period starts

The tribunal referred to the earlier Larger Bench ruling in the Repco Home Finance case and subsequent decisions, which clarified that foreclosure charges are not consideration for any taxable service.

It was held that in the absence of any commercial or promotional content, the said signage cannot be subjected to advertisement tax under Section 134 of the Act