2009 (9) TMI 594 - HC - Income Tax

Reimbursement of mobilization/demobilization - made to the assessee are to be included in the gross receipts of the assessee for the purpose of Section 44BB of Income Tax Act 1961 - Held that - Said question has already been answered by this Court in its judgment and order dated 28.09.2007 passed in ITA No.280/2001 Sedco Forex International Inc. vs. CIT - Court is not inclined to admit this appeal as the question of law raised has already been answered by this Court - appeal is dismissed

Summary

The High Court of Uttarakhand dismissed the appeal regarding the inclusion of mobilization/demobilization reimbursement in the gross receipts for income tax purposes, citing previous judgments that had addressed the same issue. The appeal was dismissed summarily as the question of law had already been answered by the Court.