Service tax paid by the assessee could not form part of amount ...

Service tax is excluded from deemed profits calculation u/s 44BB of the Income Tax Act; reimbursements may be included.

February 10, 2016

Case Laws Income Tax AT

Service tax paid by the assessee could not form part of amount for the purpose of deemed profits u/s 44BB unlike the other amounts received towards reimbursement - AT

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Service tax paid by the assessee could not form part of amount ...

Service tax is excluded from deemed profits calculation u/s 44BB of the Income Tax Act; reimbursements may be included.

February 10, 2016

Case Laws Income Tax AT

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Service tax paid by the assessee could not form part of amount for the purpose of deemed profits u/s 44BB unlike the other amounts received towards reimbursement - AT

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