https://www.taxtmi.com/caselaws?id=169485 The ITAT Delhi affirmed the inclusion of reimbursement revenue and mobilization of rig amount in the total income under Section 44BB of the Income Tax Act, following the decision of the jurisdictional High Court. The appeal by the non-resident company engaged in exploration and production in India was dismissed as the counsel failed to challenge the CIT(A)'s findings or provide new evidence from the Supreme Court. The ITAT Delhi upheld the CIT(A)'s decision, resulting in the inclusion of both amounts in the total income for tax levy at 10% under Section 44BB. en-us Fri, 29 Oct 2010 00:00:00 +0530 Wed, 22 Apr 2015 18:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169485 The ITAT Delhi affirmed the inclusion of reimbursement revenue and mobilization of rig amount in the total income under Section 44BB of the Income Tax Act, following the decision of the jurisdictional High Court. The appeal by the non-resident company engaged in exploration and production in India was dismissed as the counsel failed to challenge the CIT(A)'s findings or provide new evidence from the Supreme Court. The ITAT Delhi upheld the CIT(A)'s decision, resulting in the inclusion of both amounts in the total income for tax levy at 10% under Section 44BB. Case-Laws Income Tax Fri, 29 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169485