2D & 3D Seismic Survey Income Not FTS Under Section 44DA: Delhi High Court

The Delhi High Court held that income from 2D and 3D seismic surveys for mineral oil exploration is not “fees for technical services” and falls outside Section 44DA. It clarified FTS classification is mandatory before applying the provision in taxation disputes.

Revision Cannot Be Used as a Tool for Fishing Enquiries or Fresh Investigation: ITAT Grants Relief to Mukul Rohatgi in Rs.133 Crore Income Assessment Case

The Delhi bench of the Income Tax Appellate Tribunal quashed a revision against senior advocate Mukul Rohatgi for AY 2020–21, holding that reopening his Rs 133.46 crore assessment lacked legal basis and could not rest on mere re-inquiry alone.