https://www.taxtmi.com/caselaws?id=214440 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of rig maintenance expenses, finding them necessary for business and allowable under Section 37(1). It also determined that tax deduction at source was not required for payments to M/s Saipem, SPA, Italy, as they were for services utilized outside India and did not fall under Section 40(a)(i) or Section 9(1)(vii). The Tribunal dismissed the Revenue's appeal, concluding that the income was not taxable in India due to the absence of a business connection for M/s Saipem, SPA, Italy. en-us Thu, 31 May 2012 00:00:00 +0530 Sat, 30 Jun 2012 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214440 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of rig maintenance expenses, finding them necessary for business and allowable under Section 37(1). It also determined that tax deduction at source was not required for payments to M/s Saipem, SPA, Italy, as they were for services utilized outside India and did not fall under Section 40(a)(i) or Section 9(1)(vii). The Tribunal dismissed the Revenue's appeal, concluding that the income was not taxable in India due to the absence of a business connection for M/s Saipem, SPA, Italy. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214440