2012 (11) TMI 1142

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.... instant case, the first question is, whether ITAT was correct in holding that mobilization charges be excluded from the gross revenues for the purpose of computation of income under Section 44BB of the Income Tax Act, 1961? This question has been answered by this Court in Sedco Forex International Inc. vs. Commissioner of Income Tax and another, reported in (2008) 299 ITR 238. We, accordingly, an....