https://www.taxtmi.com/caselaws?id=338128 The Tribunal accepted the assessee's eligibility for India-UAE DTAA benefits, following the view already taken in earlier years in the assessee's own case. It also held that receipts from hiring tug boats and a barge fell within section 44BB because that provision applies where vessels or machinery are hired for operations connected with prospecting for, or extraction or production of, mineral oils; direct use by the ultimate oil operator was not required, and the receipts were not taxable as royalty. Following binding authority, it further held that interest under section 234B was not leviable on the non-resident where the payer was obliged to deduct tax at source. en-us Wed, 18 Jan 2017 00:00:00 +0530 Tue, 24 Jan 2017 20:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338128 The Tribunal accepted the assessee's eligibility for India-UAE DTAA benefits, following the view already taken in earlier years in the assessee's own case. It also held that receipts from hiring tug boats and a barge fell within section 44BB because that provision applies where vessels or machinery are hired for operations connected with prospecting for, or extraction or production of, mineral oils; direct use by the ultimate oil operator was not required, and the receipts were not taxable as royalty. Following binding authority, it further held that interest under section 234B was not leviable on the non-resident where the payer was obliged to deduct tax at source. Case-Laws Income Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338128