amount received on
account of the offshore service contracts by applying Section 44BBB
of the Act. In so far as the offshore supply contracts were ... fees for technical services and royalty and
consequently the benefit of Section 44BBB of the Act as claimed by
the petitioner would not be available
said decision, 10% of the receipt, payable as per Section 44BBB of the Act was offered as taxable income and that flat rate ... deducted tax at 2%. The foreign company had paid tax under Section 44BBB at 4.8% and sought for a refund. Taking note of the decision
certain types of income such as those mentioned under
Section 44BB , 44BBA , 44BBB etc. Therefore, since there is no
specific provision under
Power
8
ITA Nos. 1829 to 1831-Ahd-10
under s. 44BBB of the IT Act. As part of consortium arrangement
the assessee entered into
44BB or section 44BBA or
ITA No. 494 of 2005 -5-
section 44BBB , on and from the Ist day of April
44AD or section 44AE
or section 44AF or Section 44BB or section 44BBB ], as the case may
be, and the assessee has claimed his income ... business under sections 44AD or 44AE or 44AF or 44BB or 44BBB,
as the case may be, and assessee claimed his income to be lower
