A two-judge bench of the Bombay High Court has held that the Service Tax due but not actually collected from customers and not remitted to the Central Government cannot be disallowed under Section 43B of the Income Tax Act, 1961. The assessee, engaged in the business of providing detection and security services to its clients. […]
The post Service Tax due but not actually Collected from Customers eligible for Income Tax Deduction: Bombay HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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