https://www.taxtmi.com/caselaws?id=307076 The assessee's appeals were allowed, and the revenue's appeal was dismissed. The court ruled in favor of the assessee based on a previous order and cited precedents to support the decision. The judgment clarified tax provisions on technical services and mineral oil extraction, concluding that mineral oil activities do not constitute technical services for tax purposes. It also addressed the inclusion of service tax in gross receipts for presumptive income calculation under Section 44BB, following CBDT circulars. The decision aligned with previous court rulings and circulars, resulting in the dismissal of certain grounds in both appeals. en-us Thu, 24 May 2018 00:00:00 +0530 Fri, 17 Mar 2023 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307076 The assessee's appeals were allowed, and the revenue's appeal was dismissed. The court ruled in favor of the assessee based on a previous order and cited precedents to support the decision. The judgment clarified tax provisions on technical services and mineral oil extraction, concluding that mineral oil activities do not constitute technical services for tax purposes. It also addressed the inclusion of service tax in gross receipts for presumptive income calculation under Section 44BB, following CBDT circulars. The decision aligned with previous court rulings and circulars, resulting in the dismissal of certain grounds in both appeals. Case-Laws Income Tax Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307076