https://www.taxtmi.com/caselaws?id=269063 The Tribunal upheld the decision that the assessee's income should be taxed under Section 44BB, rejecting the application of Section 44DA. It also dismissed the revenue's appeal, confirming that the services provided were integral to the oil and gas exploration industry. The retrospective application of Finance Bill 2010 amendments was rejected, and interest under Section 234B was not applicable due to the payer's failure to deduct tax at source. en-us Tue, 24 Nov 2015 00:00:00 +0530 Mon, 07 Dec 2015 10:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269063 The Tribunal upheld the decision that the assessee's income should be taxed under Section 44BB, rejecting the application of Section 44DA. It also dismissed the revenue's appeal, confirming that the services provided were integral to the oil and gas exploration industry. The retrospective application of Finance Bill 2010 amendments was rejected, and interest under Section 234B was not applicable due to the payer's failure to deduct tax at source. Case-Laws Income Tax Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269063