Service tax is excluded from taxable income u/s 44BB; Assessee merely collects and transfers it to the government.

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....Computation of the taxable income u/s 44BB - The service tax is not an amount paid or payable, or received or deemed to be received by the Assessee for the services rendered by it. The Assessee is only collecting the service tax for passing it on to the government - not to be included - HC....