https://www.taxtmi.com/caselaws?id=259708 The Tribunal upheld the CIT(A)'s decision to tax the non-resident company's income under Section 44BB rather than Section 44DA of the Income Tax Act, 1961. It also ruled that interest under Section 234B was not chargeable, following a binding judicial precedent. The Tribunal dismissed the appeals by both the Assessing Officer and the assessee, maintaining the tax treatment under Section 44BB and the exclusion of interest under Section 234B. en-us Mon, 20 Apr 2015 00:00:00 +0530 Sat, 26 Sep 2015 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259708 The Tribunal upheld the CIT(A)'s decision to tax the non-resident company's income under Section 44BB rather than Section 44DA of the Income Tax Act, 1961. It also ruled that interest under Section 234B was not chargeable, following a binding judicial precedent. The Tribunal dismissed the appeals by both the Assessing Officer and the assessee, maintaining the tax treatment under Section 44BB and the exclusion of interest under Section 234B. Case-Laws Income Tax Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259708