AAR : Payment received by non-resident company for installation, erection and commissioning of manometer gauges in India in connection with prospecting and/or extraction of oil by ONGC, is taxable u/s 44BB

Authority For Advance Rulings Income Tax, Of New Delhi Roxar Maximum Reservoir Performance Wll, In Re Section : 9, 44BB Justice P.K. Balasubramanyan, Chairman A.A.R. No. 977 Of 2010 May 7, 2012 RULING The Oil and Natural Gas Corporation Limited, hereinafter referred to as ONGC, floated a tender calling for “services for supply, installation and…

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