https://www.taxtmi.com/caselaws?id=260568 The ITAT Delhi allowed the appeal, directing exclusion of service tax from gross receipts for income determination under section 44BB of the Income Tax Act, 1961. This decision was based on compliance with previous tribunal judgments, specifically referencing a similar case where service tax was excluded. The ITAT ruled in favor of the assessee, quashing lower authorities' orders and instructing the AO to exclude service tax from gross receipts, resulting in a lower taxable income calculation. en-us Fri, 05 Jun 2015 00:00:00 +0530 Mon, 17 Aug 2015 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260568 The ITAT Delhi allowed the appeal, directing exclusion of service tax from gross receipts for income determination under section 44BB of the Income Tax Act, 1961. This decision was based on compliance with previous tribunal judgments, specifically referencing a similar case where service tax was excluded. The ITAT ruled in favor of the assessee, quashing lower authorities' orders and instructing the AO to exclude service tax from gross receipts, resulting in a lower taxable income calculation. Case-Laws Income Tax Fri, 05 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260568