https://www.taxtmi.com/caselaws?id=187565 The Tribunal allowed the assessee's appeal on the issues of inclusion of service tax in presumptive income under section 44B and interest levy under section 234B, aligning with previous rulings and majority views. The Tribunal also ruled in favor of the assessee on the levy of interest under section 234C, while dismissing the issue of short credit of TDS and advance tax due to relief already granted. The initiation of penalty proceedings under section 271(1)(c) was deemed premature and dismissed. The revenue's appeal was also dismissed. en-us Fri, 31 Jul 2015 00:00:00 +0530 Thu, 27 Oct 2016 10:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187565 The Tribunal allowed the assessee's appeal on the issues of inclusion of service tax in presumptive income under section 44B and interest levy under section 234B, aligning with previous rulings and majority views. The Tribunal also ruled in favor of the assessee on the levy of interest under section 234C, while dismissing the issue of short credit of TDS and advance tax due to relief already granted. The initiation of penalty proceedings under section 271(1)(c) was deemed premature and dismissed. The revenue's appeal was also dismissed. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187565