https://www.taxtmi.com/caselaws?id=328421 The Tribunal dismissed the Revenue's grounds, affirming that service tax should not be included in the gross receipts for the purpose of Section 44BB. The issue of interest under Sections 234B and 234C was remanded to the AO for reassessment based on the revised gross receipts. The appeal of the Department was partly allowed for statistical purposes, with the Tribunal upholding the exclusion of service tax from gross receipts under Section 44BB, following the Delhi High Court's decision in Mitchell Drilling. en-us Fri, 29 Apr 2016 00:00:00 +0530 Fri, 03 Jun 2016 12:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328421 The Tribunal dismissed the Revenue's grounds, affirming that service tax should not be included in the gross receipts for the purpose of Section 44BB. The issue of interest under Sections 234B and 234C was remanded to the AO for reassessment based on the revised gross receipts. The appeal of the Department was partly allowed for statistical purposes, with the Tribunal upholding the exclusion of service tax from gross receipts under Section 44BB, following the Delhi High Court's decision in Mitchell Drilling. Case-Laws Income Tax Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328421