Section 44BB is applicable only with respect to Royalty and FTS ...
Section 44BB Taxation: Consumables with Hired Machinery Deemed Taxable as Royalty and Fees for Technical Services.
July 17, 2014
Case Laws Income Tax AT
Section 44BB is applicable only with respect to Royalty and FTS but since consumables were supplied along with P&M given on hire, therefore, the receipts were taxable u/s 44BB - AT
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