https://www.taxtmi.com/caselaws?id=255372 Receipts from offshore supply and objections on royalty and fees for technical services were directed to be recomputed under the presumptive regime in line with the Tribunal's earlier view, without final quantification in the present year. Service tax collections were treated as statutory levies with no profit element and were held outside gross receipts for computing deemed income under section 44BB. Interest under section 234B was dealt with on a partial basis, remaining chargeable only to the extent earlier indicated and not sustained in full; the cross-objection was rejected as infructuous. en-us Fri, 05 Sep 2014 00:00:00 +0530 Thu, 15 Jan 2015 08:04:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255372 Receipts from offshore supply and objections on royalty and fees for technical services were directed to be recomputed under the presumptive regime in line with the Tribunal's earlier view, without final quantification in the present year. Service tax collections were treated as statutory levies with no profit element and were held outside gross receipts for computing deemed income under section 44BB. Interest under section 234B was dealt with on a partial basis, remaining chargeable only to the extent earlier indicated and not sustained in full; the cross-objection was rejected as infructuous. Case-Laws Income Tax Fri, 05 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255372