Transocean Offshore International Ventures Ltd., New Delhi V. DDIT, Dehradun

ITA 4262/DEL/2014

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 3647 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 5 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-01-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2010-2011
• Appeal Filed On: 04-08-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAJAT KAPOOR SENIOR
• Assessee Lawyers: VISHAL MISRA CAS

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH D DD D : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT AND AND AND AND SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA ITAITA ITA NO NONO NO . .. . 4260/DEL/2014 4260/DEL/2014 4260/DEL/2014 4260/DEL/2014 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2010 2010 2010 2010 - -- - 11 1111 11 M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, SUITE 4A, SUITE 4A, SUITE 4A, SUITE 4A, PLAZA M PLAZA M PLAZA M PLAZA M- -- -6, 6,6, 6, JASOLA, JASOLA, JASOLA, JASOLA, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 025. 110 025. 110 025. 110 025. PAN : AABCT5272D. PAN : AABCT5272D. PAN : AABCT5272D. PAN : AABCT5272D. VS. VS. VS. VS. DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME - -- - TAX, TAX, TAX, TAX, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, DEHRADUN. DEHRADUN. DEHRADUN. DEHRADUN. (APPELLANT) (RESPONDENT) ITA ITA ITA ITA NO NONO NO .4261/DEL/2014 .4261/DEL/2014 .4261/DEL/2014 .4261/DEL/2014 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2010 2010 2010 2010 - -- - 11 1111 11 M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE DEEPWATER DEEPWATER DEEPWATER DEEPWATER DRILLING INC., DRILLING INC., DRILLING INC., DRILLING INC., C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, SUITE 4A, PLAZA M SUITE 4A, PLAZA M SUITE 4A, PLAZA M SUITE 4A, PLAZA M- -- -6, 6,6, 6, JASOLA, JASOLA, JASOLA, JASOLA, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 025. 110 025. 110 025. 110 025. PAN : AABCT6720C. PAN : AABCT6720C. PAN : AABCT6720C. PAN : AABCT6720C. VS. VS. VS. VS. ADDITIONAL DIRECTOR OF INCOME ADDITIONAL DIRECTOR OF INCOME ADDITIONAL DIRECTOR OF INCOME ADDITIONAL DIRECTOR OF INCOME - -- - TAX, TAX, TAX, TAX, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, DEHRADUN. DEHRADUN. DEHRADUN. DEHRADUN. (APPELLANT) (RESPONDENT) ITA ITA ITA ITA NO NONO NO .4262/DEL/2014 .4262/DEL/2014 .4262/DEL/2014 .4262/DEL/2014 ASSESSMENT YEA ASSESSMENT YEA ASSESSMENT YEA ASSESSMENT YEA R : R : R : R : 2010 2010 2010 2010 - -- - 11 1111 11 M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE M/S TRANSOCEAN OFFSHORE INTERNATIONAL VENTURES INTERNATIONAL VENTURES INTERNATIONAL VENTURES INTERNATIONAL VENTURES LIMITED, LIMITED, LIMITED, LIMITED, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, C/O NANGIA & COMPANY, SUITE 4A, PLAZA M SUITE 4A, PLAZA M SUITE 4A, PLAZA M SUITE 4A, PLAZA M- -- -6, 6,6, 6, JASOLA, JASOLA, JASOLA, JASOLA, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 025. 110 025. 110 025. 110 025. PAN : AABCT7361B. PAN : AABCT7361B. PAN : AABCT7361B. PAN : AABCT7361B. VS. VS. VS. VS. DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME - -- - TAX, TAX, TAX, TAX, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, DEHRADUN. DEHRADUN. DEHRADUN. DEHRADUN. (APPELLANT) (RESPONDENT) ITA-4260 TO 4262/D/2014 2 APPELLANT S BY : SHRI AMIT ARORA AND SHRI VISHAL MISRA, CAS. RESPONDENT BY : SHRI RAJAT KAPOOR, SENIOR DR. DATE OF HEARING : 18.01.2018 18.01.2018 18.01.2018 18.01.2018 DATE OF PRONOUNCEMENT : 31.01.2018 31.01.2018 31.01.2018 31.01.2018 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT : :: :- -- - THESE APPEALS BY ASSESSEES FOR THE ASSESSMENT YEAR 2010-11 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-II , DEHRADUN DATED 28 TH MAY, 2014. 2. THE ONLY GROUND RAISED IN ITA NO.4260/DEL/2014 A ND 4261/DEL/2014 AND GROUND NO.2 IN ITA NO.4262/DEL/20 14 IS WHETHER THE REIMBURSEMENT OF THE EXPENSES RECEIVED BY THE A SSESSEE IS LIABLE TO BE INCLUDED IN THE GROSS RECEIPT UNDER SECTION 4 4BB OF THE INCOME- TAX ACT, 1961. 3. AT THE TIME OF HEARING BEFORE US, THE LEARNED CO UNSEL FOR THE ASSESSEE FAIRLY CONCEDED THAT THIS ISSUE IS SQUAREL Y COVERED AGAINST THE ASSESSEE BY THE DECISION OF HON'BLE JURISDICTIONAL HIGH COURT IN THE CASE OF DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) AND ANOTHER VS. DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) AND ANOTHER VS. DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) AND ANOTHER VS. DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) AND ANOTHER VS. SCHLUMBERGER ASIA SERVICES LTD. SCHLUMBERGER ASIA SERVICES LTD. SCHLUMBERGER ASIA SERVICES LTD. SCHLUMBERGER ASIA SERVICES LTD. [2009] 317 ITR 156 (UTTARAKHAND). IN VIEW OF THE SPECIFIC ADMISSION OF THE LEARNED COUNS EL AS WELL AS THE DECISION OF HON'BLE JURISDICTIONAL HIGH COURT, WE R EJECT THE ABOVE GROUNDS OF APPEAL. 4. GROUND NO.1 OF THE ASSESSEES APPEAL IN ITA NO.4 262/DEL/2014 IS WHETHER THE FEE FOR DEMOBILIZATION OF RIG IS LIABLE TO BE INCLUDED IN THE GROSS RECEIPTS FOR THE PURPOSE OF SECTION 44BB. HE RE ALSO, THE LEARNED COUNSEL FAIRLY CONCEDED THAT THIS ISSUE IS ALSO SQU ARELY COVERED AGAINST THE ASSESSEE BY THE DECISION OF HONBLE APEX COURT IN THE CASE OF ITA-4260 TO 4262/D/2014 3 SE SESE SEDCO FOREX INTERNATIONAL INC. VS. COMMISSIONER OF INCOME DCO FOREX INTERNATIONAL INC. VS. COMMISSIONER OF IN COME DCO FOREX INTERNATIONAL INC. VS. COMMISSIONER OF IN COME DCO FOREX INTERNATIONAL INC. VS. COMMISSIONER OF IN COME- -- -TAX, MEERUT TAX, MEERUT TAX, MEERUT TAX, MEERUT [2017] 399 ITR 1 (SC). WE, RESPECTFULLY FOLLOWING THE ABOVE DECISION OF HONBLE APEX COURT, UPHOLD THE ORDERS OF LOWER AUTH ORITIES ON THIS POINT AND REJECT GROUND NO.1 OF THE ASSESSEES APPEAL. 5. IN THE RESULT, ALL THE APPEALS OF THE ASSESSEES ARE DISMISSED. DECISION PRONOUNCED IN THE OPEN COURT ON 31.01.2018 . SD/- SD/- (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, M/S TRITON HOLDING LIMITED, M/S TRANSOCEAN OFFSHORE DEEPWATER DRILLING INC. & M/S TRANSOCEAN OFFSHORE DEEPWATER DRILLING INC. & M/S TRANSOCEAN OFFSHORE DEEPWATER DRILLING INC. & M/S TRANSOCEAN OFFSHORE DEEPWATER DRILLING INC. & M/S TRANSOCEAN OFFSHORE INTERNATIONAL M/S TRANSOCEAN OFFSHORE INTERNATIONAL M/S TRANSOCEAN OFFSHORE INTERNATIONAL M/S TRANSOCEAN OFFSHORE INTERNATIONAL VENTURES LIMITED, VENTURES LIMITED, VENTURES LIMITED, VENTURES LIMITED, C/O NANGIA & COMPANY, SUITE 4A, PLAZA M C/O NANGIA & COMPANY, SUITE 4A, PLAZA M C/O NANGIA & COMPANY, SUITE 4A, PLAZA M C/O NANGIA & COMPANY, SUITE 4A, PLAZA M- -- -6, 6,6, 6, JASOLA, JASOLA, JASOLA, JASOLA, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 025. 110 025. 110 025. 110 025. 2. RESPONDENT : DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME DEPUTY DIRECTOR OF INCOME- -- -TAX, TAX, TAX, TAX, INTERNATIONAL TAXATION, DEHRADUN. INTERNATIONAL TAXATION, DEHRADUN. INTERNATIONAL TAXATION, DEHRADUN. INTERNATIONAL TAXATION, DEHRADUN. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR