https://www.taxtmi.com/caselaws?id=33333 The court held that demobilization charges related to a voyage in Indian territorial waters should be included in gross revenue for income tax calculation under Section 44BB of the Income Tax Act, 1961. The court overturned the decision of the Income Tax Appellate Tribunal, emphasizing that such charges are part of gross receipts without differentiation between payments made in or outside India. Consequently, the court allowed the appeal, clarifying the inclusion of demobilization charges in income tax computation under Section 44BB. en-us Fri, 24 Apr 2009 00:00:00 +0530 Mon, 07 Nov 2011 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33333 The court held that demobilization charges related to a voyage in Indian territorial waters should be included in gross revenue for income tax calculation under Section 44BB of the Income Tax Act, 1961. The court overturned the decision of the Income Tax Appellate Tribunal, emphasizing that such charges are part of gross receipts without differentiation between payments made in or outside India. Consequently, the court allowed the appeal, clarifying the inclusion of demobilization charges in income tax computation under Section 44BB. Case-Laws Income Tax Fri, 24 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33333