No Service Tax Disallowance if same not forms part of Turnover- Section 43B

SDCE Projects (P) Ltd. Vs DCIT (ITAT Ahmedabad) There was no obligation on the part of the assessee to show the amount of service tax collected from the customers as part of the turnover. Accordingly, the assessee has not included the amount of service tax in its turnover which has been shown as current liability. Therefore there was no deduction claimed by the assessee in its profit and loss account at the time of actual payment. As Assessee not having routed service tax amount through profit and loss account, there was no question of making disallowance under section 43B on account of delaye...