https://www.taxtmi.com/caselaws?id=375007 The Appellate Tribunal upheld the decision of the Ld.CIT(A) and dismissed the appeal filed by the Revenue. The Tribunal ruled that the disallowance of service tax under section 43B was not justified as the service tax was payable on an accrual basis from April 1, 2011, as per the Finance Act, 2011. The Tribunal found that the assessee had not claimed any deduction for the outstanding service tax amount and was following the Mercantile system of accounting, similar to a previous decision of the Hon'ble Delhi High Court. en-us Thu, 07 Feb 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375007 The Appellate Tribunal upheld the decision of the Ld.CIT(A) and dismissed the appeal filed by the Revenue. The Tribunal ruled that the disallowance of service tax under section 43B was not justified as the service tax was payable on an accrual basis from April 1, 2011, as per the Finance Act, 2011. The Tribunal found that the assessee had not claimed any deduction for the outstanding service tax amount and was following the Mercantile system of accounting, similar to a previous decision of the Hon'ble Delhi High Court. Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375007