https://www.taxtmi.com/caselaws?id=10284 The High Court of Madras ruled in favor of the assessee in a case concerning the taxation of optional service charges collected by a private limited company in the television set business for the assessment years 1983-84 and 1988-89. The court held that the service charges were not taxable income as they were received for services to be provided in the future, and until those services were rendered, the amount could not be considered income. The judgment went against the Revenue's argument and favored the assessee. en-us Mon, 01 Dec 2003 00:00:00 +0530 Mon, 13 Jul 2009 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10284 The High Court of Madras ruled in favor of the assessee in a case concerning the taxation of optional service charges collected by a private limited company in the television set business for the assessment years 1983-84 and 1988-89. The court held that the service charges were not taxable income as they were received for services to be provided in the future, and until those services were rendered, the amount could not be considered income. The judgment went against the Revenue's argument and favored the assessee. Case-Laws Income Tax Mon, 01 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10284