https://www.taxtmi.com/caselaws?id=772858 Offshore supply receipts under a separately identifiable component of a turnkey power project, performed outside India, are not taxable in India merely because the overall contract is turnkey. The offshore and onshore components must not be clubbed where the contract separately identifies offshore supplies and confines local services and incidental activities to the onshore segment. Section 44BBB cannot apply to offshore receipts that do not fall within the Indian taxable base under the normal charging provisions. The revisionary direction treating those receipts as taxable was reversed. en-us Thu, 05 Jun 2025 00:00:00 +0530 Mon, 18 Aug 2025 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772858 Offshore supply receipts under a separately identifiable component of a turnkey power project, performed outside India, are not taxable in India merely because the overall contract is turnkey. The offshore and onshore components must not be clubbed where the contract separately identifies offshore supplies and confines local services and incidental activities to the onshore segment. Section 44BBB cannot apply to offshore receipts that do not fall within the Indian taxable base under the normal charging provisions. The revisionary direction treating those receipts as taxable was reversed. Case-Laws Income Tax Thu, 05 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772858