https://www.taxtmi.com/caselaws?id=264984 The HC held that service tax collected by the assessee from clients is not includible in gross receipts for computing presumptive income under Section 44BB. The service tax is merely collected on behalf of the government and does not constitute income from services rendered. The Court relied on prior HC decisions and CBDT circulars clarifying that service tax should be excluded from taxable income and TDS calculations under relevant sections. The decision was in favor of the assessee. en-us Mon, 28 Sep 2015 00:00:00 +0530 Fri, 25 Jul 2025 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264984 The HC held that service tax collected by the assessee from clients is not includible in gross receipts for computing presumptive income under Section 44BB. The service tax is merely collected on behalf of the government and does not constitute income from services rendered. The Court relied on prior HC decisions and CBDT circulars clarifying that service tax should be excluded from taxable income and TDS calculations under relevant sections. The decision was in favor of the assessee. Case-Laws Income Tax Mon, 28 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264984