https://www.taxtmi.com/caselaws?id=278808 The Tribunal held that the income received by the appellant should be assessed under Section 44BB, not Section 115A of the Income Tax Act, 1961. It was determined that the payments were not indirectly from ONGC and that Section 44BB, as a special provision, should override other provisions. The Tribunal emphasized that the payments were not received from the Government or an Indian concern, thus excluding the applicability of Section 115A. The Tribunal allowed the appeal in favor of the appellant, directing that the income be computed as per the provisions of Section 44BB. en-us Fri, 27 Oct 2017 00:00:00 +0530 Fri, 22 Feb 2019 06:06:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278808 The Tribunal held that the income received by the appellant should be assessed under Section 44BB, not Section 115A of the Income Tax Act, 1961. It was determined that the payments were not indirectly from ONGC and that Section 44BB, as a special provision, should override other provisions. The Tribunal emphasized that the payments were not received from the Government or an Indian concern, thus excluding the applicability of Section 115A. The Tribunal allowed the appeal in favor of the appellant, directing that the income be computed as per the provisions of Section 44BB. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278808