https://www.taxtmi.com/caselaws?id=416164 The Tribunal held that service tax receipts are not includable in the computation of income under section 44BB of the Income Tax Act, following judgments from the Delhi and Uttarakhand High Courts. The Tribunal dismissed the revenue's appeal, emphasizing that service tax, being a statutory levy, does not form part of gross receipts for tax calculation purposes. The decision was pronounced on 29/11/2021. en-us Mon, 29 Nov 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416164 The Tribunal held that service tax receipts are not includable in the computation of income under section 44BB of the Income Tax Act, following judgments from the Delhi and Uttarakhand High Courts. The Tribunal dismissed the revenue's appeal, emphasizing that service tax, being a statutory levy, does not form part of gross receipts for tax calculation purposes. The decision was pronounced on 29/11/2021. Case-Laws Income Tax Mon, 29 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416164