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![Profit and Loss Accounts can’t be relied for Determination of Service Tax Liability: Madras HC [Read Judgment] Profit and Loss Accounts can’t be relied for Determination of Service Tax Liability: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Service-Tax-Madras-High-Court-Taxscan.jpg)
Profit and Loss Accounts can’t be relied for Determination of Service Tax Liability: Madras HC [Read Judgment]
The Madras High Court in Firm Foundations & Housing Pvt. Ltd. vs. Principal Commissioner of Service Tax, held that profit and Loss Accounts cannot...