https://www.taxtmi.com/caselaws?id=271796 The Tribunal dismissed the assessee's appeal, upholding the inclusion of revenue from work performed outside India under Section 44BB and the taxability of income from providing vessels and equipment under the same section. The Tribunal ruled that the amendments to Section 44BB and Section 44DA should be applied prospectively. The issue of interest under Section 234B was remanded to the Assessing Officer for further verification. The Revenue's appeal was partly allowed for statistical purposes. en-us Wed, 20 Jan 2016 00:00:00 +0530 Wed, 17 Feb 2016 06:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271796 The Tribunal dismissed the assessee's appeal, upholding the inclusion of revenue from work performed outside India under Section 44BB and the taxability of income from providing vessels and equipment under the same section. The Tribunal ruled that the amendments to Section 44BB and Section 44DA should be applied prospectively. The issue of interest under Section 234B was remanded to the Assessing Officer for further verification. The Revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271796