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2015 (11) TMI 1546 - AT - Income TaxInclusion of service tax in computation of presumptive income under section 44BB - Held that:- Service tax would not form part of gross receipt for the purpose of income computation under section 44BB of the Act. See Director of Income Tax vs. Mitchell Drilling International P. Ltd [2015 (10) TMI 259 - DELHI HIGH COURT] - Decided in favour of assessee. Interest under section 234B allowable in the case of nonresident - Held that:- In appeal DRP-II granted relief to the assessee by following the decision of the Hon'ble Bombay High Court in the case of NGC Network Asia LLC (2009 (1) TMI 174 - BOMBAY HIGH COURT ) wherein it has been held that interest under section 234B and 234C is not leviable in the facts of the case. Nothing contrary was brought to our knowledge, so following the same we are not inclined to interfere in the findings of DRP-II , Mumbai who has correctly held that interest under section 234B is not allowable in the case of nonresident. - Decided in favour of assessee.
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