https://www.taxtmi.com/caselaws?id=218569 The tribunal affirmed the taxability of mobilization revenue beyond 200 nautical miles from the Indian coastline under Section 44BB of the IT Act, following the precedent of Sedco Forex International Inc. judgment. The appeal was dismissed, upholding the decision of the Ld. CIT(A) and the Assessing Officer, stating that mobilization charges are taxable in India even if related to activities conducted outside Indian waters. en-us Fri, 21 Sep 2012 00:00:00 +0530 Thu, 07 Apr 2016 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218569 The tribunal affirmed the taxability of mobilization revenue beyond 200 nautical miles from the Indian coastline under Section 44BB of the IT Act, following the precedent of Sedco Forex International Inc. judgment. The appeal was dismissed, upholding the decision of the Ld. CIT(A) and the Assessing Officer, stating that mobilization charges are taxable in India even if related to activities conducted outside Indian waters. Case-Laws Income Tax Fri, 21 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218569