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![Service Tax billed on rendering of Service is not ‘trading receipts’, not subject to Income Tax: Bombay HC [Read Judgment] Service Tax billed on rendering of Service is not ‘trading receipts’, not subject to Income Tax: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg)
Service Tax billed on rendering of Service is not ‘trading receipts’, not subject to Income Tax: Bombay HC [Read Judgment]
The division bench of the Bombay High Court, in a recent decision held that the income earned from service tax billed on rendering of service is not...