{"id":45225,"date":"2024-08-16T09:36:34","date_gmt":"2024-08-16T04:06:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-it-v-western-geco-international-ltd-2023108-itr-23-sn-225-ttj-1009-tm-delhi-trib\/"},"modified":"2024-08-20T07:07:40","modified_gmt":"2024-08-20T01:37:40","slug":"dy-cit-it-v-western-geco-international-ltd-2023108-itr-23-sn-225-ttj-1009-tm-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-it-v-western-geco-international-ltd-2023108-itr-23-sn-225-ttj-1009-tm-delhi-trib\/","title":{"rendered":"Dy. CIT (IT) v. Western Geco International Ltd. (2023)108 ITR 23 (SN)\/225 TTJ 1009 \/ 157 taxmann.com 736(TM) (Delhi) (Trib)"},"content":{"rendered":"<p>Held, that the revenue received by the assessee on account of provision of facilities and services of seismic data acquisition, planning and carrying out of pre-survey study, taking marine data and confirming prospects, maintenance, upgradation and support of software licences, was not in the nature of fees for technical services as it was covered by the exclusion provided in Explanation 2 to section\u00a09(1)(vii)\u00a0of the\u00a0Income-tax Act, 1961\u00a0being consideration received for \u201cmining or like projects\u201d and was therefore, taxable under section\u00a044BB\u00a0and not under section\u00a044DA. The amount received by the assessee as reimbursement of service tax was not included in the gross turnover for the purpose of computing taxable income under section\u00a044BB\u00a0of the Act.(AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 44BB : Mineral oils-Computation-Presumptive tax-Revenue received on account of  provision of  facilities and services of seismic data acquisition, planning and carrying out of pre-survey study, taking marine data and confirming prospects, maintenance\/upgradation\/support of  software licences-Not fees for technical services-Reimbursement of  service tax-Not includible in gross turnover for computing taxable income. [S. 9(1)(vii), 44DA]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-45225","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bLr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=45225"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45225\/revisions"}],"predecessor-version":[{"id":45626,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45225\/revisions\/45626"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}