https://www.taxtmi.com/caselaws?id=386637 Offshore sales completed outside India on a principal-to-principal basis, with title and delivery passing abroad, did not create a fixed place or dependent agent permanent establishment or business connection in India where the Indian group entity had no place at the non-resident's disposal and no authority to conclude contracts. The related offshore supply income was therefore not taxable in India. As the assessee was a non-resident whose income was subject to withholding tax, advance-tax liability was not attracted on the same basis, and interest under sections 234B and 234C was deleted or required to be recomputed accordingly. en-us Tue, 03 Sep 2019 00:00:00 +0530 Fri, 04 Oct 2019 10:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386637 Offshore sales completed outside India on a principal-to-principal basis, with title and delivery passing abroad, did not create a fixed place or dependent agent permanent establishment or business connection in India where the Indian group entity had no place at the non-resident's disposal and no authority to conclude contracts. The related offshore supply income was therefore not taxable in India. As the assessee was a non-resident whose income was subject to withholding tax, advance-tax liability was not attracted on the same basis, and interest under sections 234B and 234C was deleted or required to be recomputed accordingly. Case-Laws Income Tax Tue, 03 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386637