https://www.taxtmi.com/caselaws?id=216756 The ITAT upheld the CIT(A)'s decision that service tax should not be included in gross receipts for taxation under section 44BB of the Income Tax Act, 1961. The ITAT ruled in favor of the assessee, emphasizing that service tax is a statutory levy and does not contribute to the income or profit of the service provider. The decision was based on previous rulings and the absence of conflicting precedents, ultimately dismissing the department's appeal and affirming that service tax should be excluded from determining presumptive profits under section 44BB. en-us Fri, 31 Aug 2012 00:00:00 +0530 Mon, 11 Apr 2016 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216756 The ITAT upheld the CIT(A)'s decision that service tax should not be included in gross receipts for taxation under section 44BB of the Income Tax Act, 1961. The ITAT ruled in favor of the assessee, emphasizing that service tax is a statutory levy and does not contribute to the income or profit of the service provider. The decision was based on previous rulings and the absence of conflicting precedents, ultimately dismissing the department's appeal and affirming that service tax should be excluded from determining presumptive profits under section 44BB. Case-Laws Income Tax Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216756