Income-tax jurisdiction over continental shelf and exclusive economic zone limited to income from mineral oil activities. The Income-tax Act is extended to India's continental shelf and exclusive economic zone only in respect of income from prospecting for, extraction or production of mineral oils; the provision of services or facilities or supply of ships, aircraft, machinery or plant in connection with those activities; and the rendering of services as an employee of persons engaged in those service or supply activities. 'Mineral oil' includes petroleum and natural gas.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Income-tax jurisdiction over continental shelf and exclusive economic zone limited to income from mineral oil activities.
The Income-tax Act is extended to India's continental shelf and exclusive economic zone only in respect of income from prospecting for, extraction or production of mineral oils; the provision of services or facilities or supply of ships, aircraft, machinery or plant in connection with those activities; and the rendering of services as an employee of persons engaged in those service or supply activities. "Mineral oil" includes petroleum and natural gas.
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