Service Tax Collected in supply of plant and Machinery for Extraction of Mineral Oils in India Liable to be Included in amount of Presumptive  Taxable Income: Supreme Court Dismisses SLP [Read Order]

The Service Tax Collected in supply of plant and Machinery for Extraction of Mineral Oils in India Liable to be Included in amount of Presumptive Taxable Income
SLP - SUPREME COURT - Presumptive  Taxable Income - TAXSCAN

The Supreme Court has held that service tax collected in the supply of plant and machinery for extraction of mineral oils in India is liable to be included in the amount of presumptive taxable income and dismissed the Special Leave Petition (SLP). The SLP arose out of the impugned final judgment and order passed by…

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