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Sedco Forex International Drilling Inc. (Civil Appeal No. 4915 of 2010), the High Court followed its earlier judgments dated September 20, 2007 and May 22, 2009 to hold that reimbursement of expenses incurred by the assessee was to be included in the gross receipts, and taxable under Section 44BB of the Act. 2001 - Transocean Sedco Forex Inc. and R&B Falcon Corporation combined to form the world's largest offshore drilling contractor. 2001 - Global Marine and Santa Fe International merged to become GlobalSantaFe Corporation, the second largest drilling contractor. Related Posts: Sedco Forex International Inc vs. CIT (Supreme Court) Section 44BB starts with non-obstante clause, and the formula contained therein for computation of income is to be applied irrespective of the provisions of Sections 28 to 41 and Sections 43 and 43A of the Act. It is not in dispute that assessees were assessed under the said provision which… 2001 - SGH Petroleum Sedco Forex Inc. and R&B Falcon Corporation combined to form the world's largest offshore drilling contractor. 2001 - Global Marine and Santa Fe International merged to become GlobalSantaFe Corporation, the second largest drilling contractor. Sedco Forex, was the first drilling contractor to install a Top Drive on its rig (the Sedneth 201 & 202 in 1982) and has the highest number of Top Drives ill use worldwide. Consequently, there was a need by the drilling contractor to develop and monitor a program to reduce TDS downtime.

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Supply Under GST Part 2 - CA Final / Inter / IPCC - Indirect Tax (IDT) Nov 2019 - CA Mahesh Gour How much money can i make running hotshot trucking. (Real world numbers) Contractors/Operators look to services integration for next efficiency step-change - Duration: ... Petrogav International 64,103 views. 3:53. ... Sedco 711 offshore drilling program - Duration: ... Follow Ben on Twitter https://twitter.com/ben_mallah Ben is looking to purchase this affordable housing. January 11th 2020 Annual Florida Real Estate Investo... Oceanic Marine Contractors 633,295 views. 3:33. ... kutangar Recommended for you. 5:52. Sedco 700 Shallow Gas Blow Out 6 June 2009 11 35am ... Canadian Drilling Rig - The Worst Connection Ever ...