OIL AND NATURAL GAS COMMISSION versus MCDERMOTT INTERNATIONAL INC
Representative Diagnostic Agent Non-Resident Agent liability on its original amount The amount paid in response to a notice under section 226 (3) of the Income Tax Act, 1987, is retained by the Agent for payment of additional amount in 1987. Yes, it is the irresponsible claim that it is not responsible. The amount was not improperly maintained by the agent to pay the extra amount and such refund was due to the exchange rate fluctuations between the time the money was retained and when it was paid When paid to the Revenue, he did not pay the Income Tax Act of India. , The Indian Arbitration Act, 1961, Section 162; 1940, Section 30
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