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Section 19 in The Finance Act, 2023 19. In section 44BBB of the Income-tax Act, after sub-section (2), the following sub-section shall

maintained the books of accounts as per the provisions of section 44BBB r.w.s. 145 of the Act. Accordingly, the AO rejected the books ... compute the income of the assessee as per provision of section 44BBB(1) of the Act. Finally, the AO worked the income of the assessee

from the Offshore Supply Contracts are covered by the provisions of section 44BBB and consequently liable to tax in India. 3) The learned DCIT ... from off shore supply contracts to be taxable as income under section 44BBB of the Act. The assessee filed its objections before the Dispute Resolution

2087.Del.2022 UK Grid Solution Ltd, United Kingdom Section 44BBB of the Act, proceeded to attribute business income to PE in India ... computing incoms-fem-effehere supplies by applying section 44BBB of the Act. 8. That the DRP/ assessing officer erred on facts

invoked". Thereupon applying special provisions of Section 44BBB of the Act, proceeded to attribute business income to PE in India. Ld. AO also considered ... computing incoms-fem-effehere supplies by applying section 44BBB of the Act. 8. That the DRP/ assessing officer erred on facts

that the assessee had incorrectly returned its income as taxable u/s.44BBB of the Act, while the Assessing Officer had held the same taxable ... return of income declaring income of Rs.44,31,125/- u/s.44BBB of the Act, which provides for ITA No. 132/Rjt/2019 DCIT

case and in law, even if the AO/DRP considers section 44BBB in the Appellant's case, the case will still fall ... section (2) of section 44BBB which states that, an assessee can claim lower profits if it keeps and maintains books of account as per section

Yashwant Kumar Sharma, Ajmer vs Dcit Central Circle Ajmer, Ajmer on 19 July, 2023 vk

gains of such person under section 44AE or section 44BB or section 44BBB, as the case may be, and he has claimed his income

assessee under 11[ section 44AE ] 12[or section 44BB or section 44BBB ], as the case may be, and the assessee has claimed his income ... gains of such person under section 44AE or section 44BB or section 44BBB, as the case may be, and he has claimed his income