https://www.taxtmi.com/caselaws?id=258803 The High Court of Bombay dismissed the appeal, affirming that the liability to pay service tax under section 43B arises upon actual receipt of funds in the assessee's account. The court upheld the Tribunal's decision to delete the disallowance of service tax, considering that a portion of the tax had been paid before the due date and the remaining amount was not payable as of the relevant date. The court concluded that no substantial question of law arose, supporting the interpretation that service tax liability is triggered only upon fund receipt. en-us Fri, 17 Apr 2015 00:00:00 +0530 Sat, 07 Nov 2015 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258803 The High Court of Bombay dismissed the appeal, affirming that the liability to pay service tax under section 43B arises upon actual receipt of funds in the assessee's account. The court upheld the Tribunal's decision to delete the disallowance of service tax, considering that a portion of the tax had been paid before the due date and the remaining amount was not payable as of the relevant date. The court concluded that no substantial question of law arose, supporting the interpretation that service tax liability is triggered only upon fund receipt. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258803