https://www.taxtmi.com/caselaws?id=327277 The Tribunal upheld the CIT(A)'s decision that the professional charges received were not fees for technical services but fell under section 44BB. The income was held not taxable under section 44DA read with section 115A, with the Tribunal affirming that income from providing services to 'Cairn' in India was taxable under section 44BB. The proviso to section 44DA was found not to be retrospective. Interest under section 234B was deleted based on Delhi High Court precedents, and general grounds were not adjudicated. The Revenue's appeal was dismissed, and the assessee's cross objections were partly allowed, clarifying the taxability of mobilization charges under section 44BB. en-us Mon, 25 Apr 2016 00:00:00 +0530 Tue, 03 May 2016 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327277 The Tribunal upheld the CIT(A)'s decision that the professional charges received were not fees for technical services but fell under section 44BB. The income was held not taxable under section 44DA read with section 115A, with the Tribunal affirming that income from providing services to 'Cairn' in India was taxable under section 44BB. The proviso to section 44DA was found not to be retrospective. Interest under section 234B was deleted based on Delhi High Court precedents, and general grounds were not adjudicated. The Revenue's appeal was dismissed, and the assessee's cross objections were partly allowed, clarifying the taxability of mobilization charges under section 44BB. Case-Laws Income Tax Mon, 25 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327277