https://www.taxtmi.com/caselaws?id=330938 The Tribunal dismissed both the appeals, upholding the inclusion of demobilization charges in gross receipts under Section 44BB, determining that receipts from non-PSC partners for equipment rental are not royalty but fall under Section 44BB. The amendments to Sections 44BB and 44DA were held to be prospective, and second-leg contracts were deemed eligible for tax treatment under Section 44BB. en-us Wed, 29 Jun 2016 00:00:00 +0530 Tue, 09 Aug 2016 12:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330938 The Tribunal dismissed both the appeals, upholding the inclusion of demobilization charges in gross receipts under Section 44BB, determining that receipts from non-PSC partners for equipment rental are not royalty but fall under Section 44BB. The amendments to Sections 44BB and 44DA were held to be prospective, and second-leg contracts were deemed eligible for tax treatment under Section 44BB. Case-Laws Income Tax Wed, 29 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330938