Debiting Service Tax in Profit and Loss Account cannot be reason for treating that Assessee has not Credited receipts in its Books: ITAT [Read Order]

By Taxscan Team - On June 30, 2022 4:56 pm - 2 mins read
service tax - profit - loss account - assessee - receipts - books - ITAT - taxscan

Debiting service tax in profit and loss account cannot be reason for treating that assessee has not credited receipts in its books, so was Income Tax Appellate Tribunal (ITAT), Ahmedabad. The solitary issue involved in the appeal related to addition made of service tax paid by the assessee, M/s. Samrat Builders Plot during the year…

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