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2016 (8) TMI 255 - AT - Income TaxTaxability of income - revenues received by the assessee, on account of the provision of slick-line services, wire-line services, well-testing services etc., including provision of technical personnel, to various entities was taxable u/s 44BB or Section 44DA read with Section 9(l)(vii) - Held that:- As decided in assessee's own case AO was not justified in holding that the income of the assessee arising from performance of A1 Mansoori Specialized Engineering associated drilling activity through the provisions of oilfield equipment on hire along with operating personnel, used the exploration/prospecting/extraction of mineral oil were fees for technical services under Section 9(1)(vii) of the Act and was chargeable to tax @ 20% of the gross revenue u/s 115A of the Act and not taxable u/s 44BB of the Act . Thu the income of the assessee taxable u/s 44BB - Decided against revenue
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