https://www.taxtmi.com/caselaws?id=35145 The Authority held that the income derived in India by a non-resident company providing seismic data acquisition services to oil and gas companies falls under section 44BB of the Income-tax Act, 1961. The ruling favored the applicant, a company incorporated in Dubai, emphasizing that section 44BB applies to services related to prospecting for mineral oils, regardless of where the payment is made. The Authority rejected the Revenue's argument that the income should be computed under a different section, affirming the applicability of section 44BB in this case. en-us Tue, 22 Dec 2009 00:00:00 +0530 Fri, 01 Feb 2013 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35145 The Authority held that the income derived in India by a non-resident company providing seismic data acquisition services to oil and gas companies falls under section 44BB of the Income-tax Act, 1961. The ruling favored the applicant, a company incorporated in Dubai, emphasizing that section 44BB applies to services related to prospecting for mineral oils, regardless of where the payment is made. The Authority rejected the Revenue's argument that the income should be computed under a different section, affirming the applicability of section 44BB in this case. Case-Laws Income Tax Tue, 22 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35145