https://www.taxtmi.com/caselaws?id=279494 The Tribunal held that the income received by the appellant for providing Fracturing Flow Back Services should be taxed under Section 44BB, pertaining to businesses involved in mineral oil extraction, rather than as fees for technical services under Section 115A. The Tribunal rejected the argument that the income was indirectly from ONGC and not subject to Section 115A, as the appellant had no direct contractual relationship with ONGC. The appeal was allowed, setting aside the Assessing Officer's order, with the Tribunal affirming the applicability of Section 44BB to the appellant's income. en-us Fri, 02 Feb 2018 00:00:00 +0530 Tue, 19 Mar 2019 18:33:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279494 The Tribunal held that the income received by the appellant for providing Fracturing Flow Back Services should be taxed under Section 44BB, pertaining to businesses involved in mineral oil extraction, rather than as fees for technical services under Section 115A. The Tribunal rejected the argument that the income was indirectly from ONGC and not subject to Section 115A, as the appellant had no direct contractual relationship with ONGC. The appeal was allowed, setting aside the Assessing Officer's order, with the Tribunal affirming the applicability of Section 44BB to the appellant's income. Case-Laws Income Tax Fri, 02 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279494