https://www.taxtmi.com/caselaws?id=121335 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the offshore supply of equipment was not taxable in India and that the assessee was not liable for interest under section 234B. The Tribunal allowed the assessee's cross-objection, directing that fees for technical services should be taxed on a receipt basis rather than an accrual basis. en-us Tue, 30 Jun 2009 00:00:00 +0530 Fri, 29 Sep 2023 21:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121335 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the offshore supply of equipment was not taxable in India and that the assessee was not liable for interest under section 234B. The Tribunal allowed the assessee's cross-objection, directing that fees for technical services should be taxed on a receipt basis rather than an accrual basis. Case-Laws Income Tax Tue, 30 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121335