Amount Reimbursed by ONGC on Account of Service Tax payable by assessee not added under Section 44BB: Uttarakhand HC [Read Judgment]

The Uttarakhand High Court in the case Director of Income Tax International Taxation v. M/s. Schlumberger Asia Services Ltd. held that the amount reimbursed to the assessee (service provider) by the ONGC (service recipient), representing the service tax paid earlier by the assessee to the Government of India, would not form part of the aggregate […]

The post Amount Reimbursed by ONGC on Account of Service Tax payable by assessee not added under Section 44BB: Uttarakhand HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.

from Taxscan | Simplifying Tax Laws http://bit.ly/2XqO4JE