Applicability of provisions of Section 44B

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....pplicability of provisions of Section 44B<br> Query (Issue) Started By: - HARSHA JOSHI Dated:- 21-5-2009 Last Reply Date:- 22-5-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>for delivering materials....

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.... from mudra port to vizag port (i.e. within India ), we quite often use ships owned by a non-resident company based in U.A.E.My question is whether provisions of S.44B is applicable? I think,S.172 is ....

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....not applicable to this case. though the quantum of TDS remains the same.the word regularity of business U/S S.44B is not specified. kindly advise. Reply By Ravi Chopra: The Reply: Since the ship is b....

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....eing owned by a non resident company based in U.A.E, either of the sections i.e. 44B and 172 are applicable depend on the nature of business - a regular business or occasional business. When you often....

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.... use the services of a ship, it gives an impression that the ship is engaged in regular business.<br> Discussion Forum - Knowledge Sharing ....