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Service Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Valuation - if a receipt is for reimbursing the expenditure ...


Receipt for Reimbursed Expenses Not Considered Remuneration; Exclusion from Taxable Income Confirmed by Court Decision.

February 17, 2018

Case Laws     Service Tax     AT

Valuation - if a receipt is for reimbursing the expenditure incurred for the purpose, the mere act of reimbursement, per se, would not justify the contention of the Revenue that the same, having the character of the remuneration or commission, deserves to be included in the sum amount of remuneration / Commission - demand set aside - AT

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