https://www.taxtmi.com/caselaws?id=235716 The High Court clarified that Section 44BB of the Income Tax Act did not apply retroactively before 1st April, 2011, and does not cover non-resident assesses with a permanent establishment in India. The Court upheld that Section 44BB applies to non-resident assesses providing services related to mineral oils. Additionally, the Court emphasized the need for a thorough examination by the Assessing Officer to determine if the assessee has a permanent establishment or fixed place of profession in India, leading to a remittal of the matter for fresh consideration. The appeal was dismissed, stressing the importance of a comprehensive assessment of the assessee's presence in India. en-us Mon, 20 May 2013 00:00:00 +0530 Thu, 01 Aug 2013 08:11:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235716 The High Court clarified that Section 44BB of the Income Tax Act did not apply retroactively before 1st April, 2011, and does not cover non-resident assesses with a permanent establishment in India. The Court upheld that Section 44BB applies to non-resident assesses providing services related to mineral oils. Additionally, the Court emphasized the need for a thorough examination by the Assessing Officer to determine if the assessee has a permanent establishment or fixed place of profession in India, leading to a remittal of the matter for fresh consideration. The appeal was dismissed, stressing the importance of a comprehensive assessment of the assessee's presence in India. Case-Laws Income Tax Mon, 20 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235716