India's Authority for Advance Rulings (AAR) recently issued a ruling concerning the taxation of income received by a French company that had entered into an agreement for an engineering, procurement, and construction project with an Indian customer.
The case involved Technip France SAS, which sought a ruling on whether its offshore supply of equipment and of services was taxable in India considering the provisions of the Income-tax Act 1961 and the 1992 India-France tax treaty. The offshore …