In International Taxation v. M/S.sonat Offshore Drilling Inc, the High Court (2008) dismissed the appeal.
Decision: Hence, the appeal is accordingly dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.508 OF 2007
The Director of Income Tax(International Taxation),Mumbai.AppellantversusM/s.Sonat Offshore Drilling Inc.Mumbai.Respondent
Mr.Parag Vyas for appellant.Mr.Tamhane i/by R.D.Suvarna for respondent.
CORAM : BILAL NAZKI ANDA.A.KUMBHAKONI, JJ.DATE : 16th September 2008
PC :
1. We do not intend to admit this petition asall the questions are kept open by the Tribunalas the Tribunal has passed an order of remand.In the order of remand the Tribunal has statedthe Assessing Officer after giving reasonableopportunity of hearing to the assessee willverify the figures given by assessee regardingcalculation of percentage of mobilisation ofrevenue attributable work done in India andthen to consider the same for the purpose ofSection 44BB.
2. Hence, the appeal is accordingly dismissed.
(BILAL NAZKI, J.)
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