Service Tax disallowable if collected but not remitted to Government

Nanjunda Renuka Aradhya Vs ACIT (ITAT Bangalore) Conclusion: When assessee collected the service tax from its customers and had not remitted to Government Exchequer, the same had to be disallowed u/s 43B. Held: AO noticed that assessee in the balance sheet filed for the AY. 2010-11 had shown Rs.10,82,023 as service tax payable. Assessee had collected service tax and not remitted to government account. Assessee should have considered service tax collected and not remitted as income for the year under the provisions of section 43B of the Income Tax Act. Hence the service tax payable of Rs.10,82,...