Facts of the
Case
- The Assessee is a company engaged in the business of providing
equipment on hire and manpower for the exploration and production of
mineral oil and natural gas.
- The Assessee filed its income declaring Rs. 49,31,260 under the
provisions of Section 44BB (3) of the Income Tax Act, 1961.
- While computing its gross receipts for taxable income, the Assessee
excluded a sum of Rs. 2,09,24,553, which represented the service tax it
received from its customers.
- The Assessing Officer (AO) rejected this computation and included
the collected service tax in the gross receipts for computing the taxable
income under Section 44BB.
- The Assessee filed an appeal, which was allowed by the Commissioner
of Income Tax (Appeal).
- The Revenue subsequently appealed against the CIT (A) order, but
the appeal was dismissed by the Income Tax Appellate Tribunal (ITAT).
Issues
Involved
- The central question framed by the Court was whether the amount of
service tax collected by the Assessee from its clients should be included
in the gross receipt while computing its income under the provisions of
Section 44BB of the Act.
Petitioner’s
Arguments (Revenue)
- The Revenue argued that Section 44BB is an instance of taxation of
a presumptive income.
- It was contended that the expressions "paid or payable to the
assessee" in Section 44BB (2) (a) and "received or deemed to be
received" in Section 44BB (2) (b) must encompass the service tax on
the sum paid or payable for the provided services.
- The Revenue heavily relied on the Supreme Court decisions in
Chowringhee Sales Bureau Pvt. Ltd. v. Commissioner of Income-tax and George
Oakes (P.) Ltd. v. State of Madras to support its stance on trading
receipts and turnover.
Respondent’s
Arguments (Assessee)
- The Assessee submitted that CBDT Circular No. 4/2008 and Circular
No. 1/2014 explicitly recognize that gross sums subject to tax deduction
at source (under Section 194-I or Section 194J) do not include service
tax.
- The Assessee relied on the Bombay High Court's decision in CIT
v. Sudarshan Chemical Industries Ltd., which held that 'turnover' for
Section 80HHC purposes does not include sales tax and excise duty.
- Reliance was also placed on the Supreme Court's ruling in CIT v.
Lakshmi Machine Works, which concluded that sales tax and excise duty
do not have an element of turnover.
- The Assessee further cited DIT v. Schlumberger Asia Services
Ltd. and Sedco Forex International Inc. v. CIT to support its
position.
Court Order
/ Findings
- The Hon'ble Delhi High Court answered the question of law in favor
of the Assessee and against the Revenue, dismissing the appeals.
- The Court held that the service tax collected by the Assessee does
not contain any element of income.
- Consequently, service tax cannot form part of the gross receipts
for the purposes of computing the Assessee's 'presumptive income' under
Section 44BB of the Act.
- The Court reasoned that service tax is not an amount paid, payable,
or received for the services rendered; the Assessee merely collects the
service tax to pass it on to the government.
- The Court expressed its concurrence with the Uttarakhand High Court's decision in DIT v. Schlumberger Asia Services Ltd., which similarly excluded customs duty reimbursements from gross receipts under Section 44BB
Important
Clarification
- The Court noted that the Central Board of Direct Taxes (CBDT) has
made this position explicit in its own circulars.
- Under Circular No. 4/2008, it is clarified that service tax paid by
a tenant does not partake the nature of "income" for the
landlord, who acts only as a collecting agency for the Government.
- Under Circular No. 1/2014, it is clarified that service tax is not
to be included in fees for professional or technical services, and no TDS
is required on the service tax component under Section 194J.
Sections Involved: * Section 44BB of the Income Tax Act, 1961.
- Section 194-I and Section 194J of the Income Tax Act, 1961.
Link to download the order: https://delhihighcourt.nic.in/app/case_number_pdf/2015:DHC:8095-DB/VIB28092015ITA3842015.pdf
Disclaimer: This content is shared strictly for general information and knowledge purposes only. Readers should independently verify the information from reliable sources. It is not intended to provide legal, professional, or advisory guidance. The author and the organisation disclaim all liability arising from the use of this content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment