https://www.taxtmi.com/caselaws?id=271021 The Authority for Advance Rulings (AAR) determined that the consideration received under the Change Order constituted business profits, not fees for technical services. They held that the entire consideration for work performed outside India was taxable in India under Section 44BB. Additionally, the consideration for the installation of buoy and moorings in India fell under Section 44BB. The AAR ruled that mobilization consideration and insurance receipts for loss of hire were also taxable under Section 44BB. However, insurance receipts for loss of hire were deemed not taxable in India. The ruling was issued on 2nd December 2015. en-us Wed, 02 Dec 2015 00:00:00 +0530 Tue, 03 May 2016 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271021 The Authority for Advance Rulings (AAR) determined that the consideration received under the Change Order constituted business profits, not fees for technical services. They held that the entire consideration for work performed outside India was taxable in India under Section 44BB. Additionally, the consideration for the installation of buoy and moorings in India fell under Section 44BB. The AAR ruled that mobilization consideration and insurance receipts for loss of hire were also taxable under Section 44BB. However, insurance receipts for loss of hire were deemed not taxable in India. The ruling was issued on 2nd December 2015. Case-Laws Income Tax Wed, 02 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271021