Drilling rig as a qualifying ship within the meaning of Section ...
Drilling Rig Classified as Ship u/s 115VD, Overturning Revenue's "Offshore Installations" Argument.
December 11, 2018
Case Laws Income Tax HC
Drilling rig as a qualifying ship within the meaning of Section 115VD - Revenue’s contentions that the vessel is nothing but “offshore installations” has no merit, in the case of Matdrills of the kind put to use by the assessee
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