Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2018 (9) TMI 1241 - ITAT MUMBAI
Computation of income u/s 44BB - whether the service tax collected by the assessee shall form part of gross receipts for computing income under Section 44BB? - Held that:- We noticed that the learned CIT(A) has followed the decision rendered by the Hon'ble Delhi High Court in the case of Mitchell Drilling International (P) Ltd. (2015 (10) TMI 259 - DELHI HIGH COURT) in holding that service tax collected by the assessee cannot form part of gross receipts. - Decided against the revenue.