https://www.taxtmi.com/caselaws?id=285881 The Appellate Tribunal allowed the appeal filed by the assessee, ruling that disallowance of service tax under Section 43B was not warranted. The Tribunal held that since the service tax was not routed through the Profit and Loss Account and no claim for deduction of service tax payable was made, Section 43B could not be invoked. The decision was influenced by a Bombay High Court precedent, establishing that if no deduction was claimed for service tax payable, disallowance under Section 43B could not be applied. en-us Thu, 31 May 2018 00:00:00 +0530 Sat, 01 Feb 2020 07:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285881 The Appellate Tribunal allowed the appeal filed by the assessee, ruling that disallowance of service tax under Section 43B was not warranted. The Tribunal held that since the service tax was not routed through the Profit and Loss Account and no claim for deduction of service tax payable was made, Section 43B could not be invoked. The decision was influenced by a Bombay High Court precedent, establishing that if no deduction was claimed for service tax payable, disallowance under Section 43B could not be applied. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285881