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2007 (9) TMI 230 - HC - Income Tax
Assessee, non-resident rendered services to ONGC –assessee contention that amount received by them on account of reimbursement of freight and transportation charges were actually incurred in respect of equipment was not includible while computing its income u/s 44BB, is not acceptable –Assessing Officer was justified in adding the said amount which was received by the non-resident company as per provisions of Section 44BB and imposing the income tax thereon