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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Income accrued in India - profit on supply of equipment - ...

Case Laws     Income Tax

July 11, 2019

Income accrued in India - profit on supply of equipment - offshore supply - goods were sold from outside India, thus, the risk and title were also transferred outside India and no transaction took place in India- the custom clearance, inland transportation were done by purchaser and assessee at no stage involved in the said activities - no PE involved in the sale it only done supervision after the supply of equipments - not taxable

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