Case Law Details
Case Name : CIT Vs FX Info Technologies Pvt. Ltd. (Delhi High Court)
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CIT Vs FX Info Technologies Pvt. Ltd. (Delhi High Court)– When assessee transfers the distribution business to another company against commission payment which is allowed as business expenditure, AO is not right in treating the same commission income as income from other sources in the case of the assessee.
IN THE HIGH COURT OF DELHI AT NEW DELHI
ITAs No. 112/2011 & 113/2011
Reserved On: 26.05.2011
Date of Decision: 11.07.2011
COMMISSIONER OF INCOME TAX-IV Versus FX INFO TECHNOLOGIES PVT. LTD.
ORDER
M.L. MEHTA, J. *
1. These ...
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