https://www.taxtmi.com/caselaws?id=238287 The Tribunal ruled in favor of the Assessee, a Hong Kong-based Company operating ships in international traffic, holding that the Service Tax collected should not be considered in its gross receipts for income computation under section 44B. The Tribunal also exempted the Assessee from interest under sections 234B and 234C due to its non-resident status and liability for tax deduction at source. As the reassessment issue became moot following the decision on the service tax inclusion, both appeals of the Assessee were allowed. en-us Fri, 17 May 2013 00:00:00 +0530 Sat, 19 Oct 2013 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238287 The Tribunal ruled in favor of the Assessee, a Hong Kong-based Company operating ships in international traffic, holding that the Service Tax collected should not be considered in its gross receipts for income computation under section 44B. The Tribunal also exempted the Assessee from interest under sections 234B and 234C due to its non-resident status and liability for tax deduction at source. As the reassessment issue became moot following the decision on the service tax inclusion, both appeals of the Assessee were allowed. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238287