https://www.taxtmi.com/caselaws?id=257211 The Tribunal ruled in favor of the assessee, determining that income should be computed under Section 44BB for providing marine logistic services, rather than as royalty under Section 115A. The Tribunal also directed the AO to verify TDS credit and concluded that interest under Sections 234B, 220, and 234C could not be levied. The appeal was partly allowed in favor of the assessee. en-us Fri, 13 Feb 2015 00:00:00 +0530 Mon, 02 Mar 2015 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257211 The Tribunal ruled in favor of the assessee, determining that income should be computed under Section 44BB for providing marine logistic services, rather than as royalty under Section 115A. The Tribunal also directed the AO to verify TDS credit and concluded that interest under Sections 234B, 220, and 234C could not be levied. The appeal was partly allowed in favor of the assessee. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257211