M/S R & B Falcon (A) Pty Ldt v. The Deputy Director Of Income Tax
High Court
05 May 2011 In favour of: Unclear
Forum / Bench
High Court · ukhcucis_pg
Parties
M/S R & B Falcon (A) Pty Ldt v. The Deputy Director Of Income Tax
Date of order
05 May 2011
Assessment year(s)
—
Outcome
Other
Case summary
In M/S R & B Falcon (A) Pty Ldt v. The Deputy Director Of Income Tax, the High Court (2011) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL
Income Tax Appeal No. 23 of 2011
M/s R & B Falcon (A) Pty Ldt.
….…… Appellant
Versus
The Deputy Director of Income Tax
………. Respondent
Mr. S.K. Posti, Advocate for the appellant. Mr. Arvind Vashisth Standing Counsel (Income Tax) for the respondent.
Date of Judgment: 05.05.2011
JUDGMENT
Coram: Hon’ble Barin Ghosh, C.J.Hon’ble Sudhanshu Dhulia, J.
BARIN GHOSH, C.J. (ORAL)
The conclusion of the authorities below that reimbursement of the expenses on behalf of O.N.G.C. were part of the income liable to be taxed under Section 44 BB of the Income Tax Act, is on the basis of the decision of this Court in the case of CIT Vs. Halliburton Offshore Services Inc. (300 ITR 265).
2. We have not been persuaded to take a different view. We, accordingly, close the matter by dismissing the appeal.
Amit
(Sudhanshu Dhulia, J.) (Barin Ghosh, C.J.)
05.05.2011
05.05.2011
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