https://www.taxtmi.com/caselaws?id=3679 HC dismissed the assessee's appeal, upholding the AO, CIT(A) and ITAT findings that mobilization charges paid outside India were not reimbursements of actual expenses and therefore fell within the fictional taxing provision of s.44BB as deemed profits. The Court sustained additions of Rs. 99,04,000 for AY 1986-87 and Rs. 64,64,530 for AY 1987-88 to the assessee's taxable income. Question ruled in favour of the Revenue and against the assessee. en-us Fri, 28 Sep 2007 00:00:00 +0530 Sat, 13 Sep 2025 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3679 HC dismissed the assessee's appeal, upholding the AO, CIT(A) and ITAT findings that mobilization charges paid outside India were not reimbursements of actual expenses and therefore fell within the fictional taxing provision of s.44BB as deemed profits. The Court sustained additions of Rs. 99,04,000 for AY 1986-87 and Rs. 64,64,530 for AY 1987-88 to the assessee's taxable income. Question ruled in favour of the Revenue and against the assessee. Case-Laws Income Tax Fri, 28 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3679