https://www.taxtmi.com/caselaws?id=463123 ITAT Mumbai allowed the appeal, holding that service tax collected cannot be included in gross receipts for computing presumptive income under section 44BB, as it does not constitute income. The Tribunal followed prior coordinate Bench decisions and Delhi HC rulings, deleting the addition made by lower authorities. Regarding short credit of TDS and advance tax, the AO was directed to examine and verify the assessee's claim following coordinate Bench instructions. The appeal was allowed on both grounds. en-us Tue, 20 Nov 2018 00:00:00 +0530 Thu, 07 Aug 2025 11:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463123 ITAT Mumbai allowed the appeal, holding that service tax collected cannot be included in gross receipts for computing presumptive income under section 44BB, as it does not constitute income. The Tribunal followed prior coordinate Bench decisions and Delhi HC rulings, deleting the addition made by lower authorities. Regarding short credit of TDS and advance tax, the AO was directed to examine and verify the assessee's claim following coordinate Bench instructions. The appeal was allowed on both grounds. Case-Laws Income Tax Tue, 20 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463123