2018 (5) TMI 1962

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....ndrashekar, Advocate. Respondent By: Dr. Sandeep Goel, Addl. CIT (D.R)   ORDER     Shri Inturi Rama Rao, A.M.  : This is an appeal filed by the assessee company directed against the order of Learned Commissioner of Income Tax (Appeals)-7, Bangalore dt.21.07.2017 for the Assessment Year 2013-14. 2. The assessee raised the following grounds of appeal : ....

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....modify/delete any other ground or grounds at the time of hearing 3. Briefly the facts of the case are that the assessee is an individual deriving income under the head "Business."  The return of income for the Assessment Year 2013-14 was filed declaring an income of Rs. 23,93,160.  Against the said return of income, the assessment was completed vide order dt.18.3.2016 by the Assessing....

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....ide impugned order confirmed the addition placing reliance on the decision of Hon'ble Supreme Court in the case of Chowranghee Sales Bureau Pvt. Ltd.  Vs. CIT 87 ITR 542  (SC).   Being aggrieved the assessee is in appeal before us.   4. The learned Counsel for the assessee  vehemently argued that the service tax calculated is not credited to P & L  Ac....

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....rvice tax account or there is no claim by the assessee for deduction of  service tax payable.   This issue was considered by the Hon'ble Bombay high court in the case of CIT Vs. Knight Frank (India) Pvt. Ltd. in ITA No.247 of 2014 & ITA No.255 of 2014 Dt.16.8.2016 (Bom) in para 7 held as follows : "7.  Regarding  question (ii) :- (a) It is an admitted....