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2016 (6) TMI 130 - AT - Income TaxReceipts on account of services tax - whether not includible in gross revenue of the assessee for the propose of computation of profits under the presumptive provisions u/s 44BB? - Held that:- The issue of includibility of service tax in the gross receipts is squarely covered by the judgment of the Hon'ble Delhi High Court in the case of Mitchell Drilling International Pty Limited (2015 (10) TMI 259 - DELHI HIGH COURT ) wherein the Hon'ble Delhi High Court has held that service tax being statutory levy should not form part of gross receipts as per provisions of section 44BB of the Act - Decided in favour of assessee Levy of interest u/s 234B/234 C - Held that:- We restore the issue to the file of the Assessing Officer to examine the liability of the assessee in light of the fact that all receipts are to be assessed u/s 44BB of the Act after giving effect to relief confirmed for the assessee in this appeal
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