Income earned from offshore supplies as a part of composite contract isn’t taxable in absence of any

IT/ILT : Where pursuant to Contract entered into by assessee, a foreign company, with Power Grid Corporation for setting up a fibre optic system, AO made addition to assessee's income in respect of offshore supplies of goods, in view of fact that said contract was only for procurement of Cables that too outside India, no part of income could be said to be attributable to assessee's PE in India and, therefore, impugned addition deserved to be deleted