Case Law Details
BAKR Hughes Singapore PTE Vs Addl. Director of Income Tax International Taxation (Uttarakhand High Court)
The issue under consideration is whether amount of service tax being statutory levy, received by assessee from its customers was to be included in calculating the aggregate amount referred to in sub-section (2) of Section 44BB of the Act?
HC states that, the substantial question of law has since been answered by the order dated 12.04.2019 passed in Income Tax Appeal No.40 of 2012; the substantial question of law therein was answered in favour of the assessee, and against the revenue, by holding that the amount reimbursed to the assessee (service provider) by the Oil and Natural Gas Corporation (service recipient), representing the service tax paid earlier by the assessee to the Government of India, would not form part of the aggregate amount referred to in clauses (a) and (b) of sub-section (2) of Section 44BB of the Act. In view of the submissions made, the substantial question of law is answered in favour of the assessee and against the revenue.
FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT
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