The Custom, Excise, Service Tax Appellate Tribunal (CESTAT) held that the amount collected from the clients and paid to the bank on dishonouring of Cheque is covered under reimbursable expenses. In the case of M/s TVS Finance and Services Ltd. vs. Commissioner of Central Excise, there was the dispute pertaining to the amount collected by […]
The post Amount Collected from Clients Paid to Bank on Dishonouring of Cheque is covered under Reimbursable Expenses: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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