Amendments to section 44BB & 44DA are prospective and applies from A.Y. 2011-12

IN THE ITAT DELHI Schlumberger Asia Services Ltd. V/s. Additional Director of Income-tax, (International Tax) IT Appeal No. 6063 (Delhi) of 2010 – Assessment Year 2007-08 Date of pronouncement – 18.05.2012 ORDER Shamim Yahya, Accountant Member  This appeal by the Assessee is directed against the order of the Assessing Officer passed u/s. 143(3) read with section 144C of the IT Act. 2. The concise grounds of appeal read as under:- “1.  The Ld. Assessing Officer has erred on facts and in law in dismissing the claim of the Appellant that income from the activ...