https://www.taxtmi.com/caselaws?id=209733 The Authority ruled that the income received by the applicant for offshore supplies from Petronet LNG Ltd. was not taxable in India under the provisions of the Income-tax Act. The ruling was based on the decision in the Ishikawajima Harima Heavy Industry case, determining that the supplies were completed outside India, and ownership vested with Petronet, thus not attributable to operations in India for tax purposes. en-us Wed, 01 Feb 2012 00:00:00 +0530 Sat, 21 Apr 2012 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209733 The Authority ruled that the income received by the applicant for offshore supplies from Petronet LNG Ltd. was not taxable in India under the provisions of the Income-tax Act. The ruling was based on the decision in the Ishikawajima Harima Heavy Industry case, determining that the supplies were completed outside India, and ownership vested with Petronet, thus not attributable to operations in India for tax purposes. Case-Laws Income Tax Wed, 01 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209733