https://www.taxtmi.com/caselaws?id=259942 The Tribunal allowed the appeal, directing the Assessing Officer to compute the tax by allowing the benefit under section 44BB of the Income Tax Act for the non-resident company engaged in leasing oil drilling rigs. The Tribunal ruled that the income from leasing the rig should be taxed under section 44BB, as the company met the conditions specified in the section. The order was pronounced on 22.05.2015. en-us Fri, 22 May 2015 00:00:00 +0530 Wed, 27 May 2015 06:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259942 The Tribunal allowed the appeal, directing the Assessing Officer to compute the tax by allowing the benefit under section 44BB of the Income Tax Act for the non-resident company engaged in leasing oil drilling rigs. The Tribunal ruled that the income from leasing the rig should be taxed under section 44BB, as the company met the conditions specified in the section. The order was pronounced on 22.05.2015. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259942