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2016 (7) TMI 1473 - AT - Income TaxComputation of the taxable income under Section 44BB - Addition of service tax collected on behalf of the Government while computing income u/s.44BB(1) - contention of AR was that service tax is not includible in the gross receipts while computing profit u/s.44B - Held that:- The issue under consideration is squarely covered by the decision of Hon’ble Delhi High Court in the case of Mitchell Drilling International (P) Ltd. [2015 (10) TMI 259 - DELHI HIGH COURT] wherein the Court held that for the purpose of presumptive income of assessee under section 44BB, service tax collected by assessee was not be included in the gross receipts in terms of Section 44BB(2) r.w.s.44BB(1). - Decided in favour of assessee
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