https://www.taxtmi.com/caselaws?id=302771 The Tribunal upheld the CIT(A)'s decision to tax contract receipts under Section 44BB and determine profits attributable to India operations. However, it reversed the decision on including service tax in gross receipts, ruling that service tax should not be part of taxable gross receipts under Section 44BB. The assessee's appeals were allowed, while the Revenue's appeals were dismissed. en-us Wed, 10 Nov 2021 00:00:00 +0530 Fri, 17 Jun 2022 09:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302771 The Tribunal upheld the CIT(A)'s decision to tax contract receipts under Section 44BB and determine profits attributable to India operations. However, it reversed the decision on including service tax in gross receipts, ruling that service tax should not be part of taxable gross receipts under Section 44BB. The assessee's appeals were allowed, while the Revenue's appeals were dismissed. Case-Laws Income Tax Wed, 10 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302771