Case Law Details
Case Name : CIT Vs M/S Sahara India Mutual Benefit Co. Ltd. (Allahabad High Court)
Appeal Number : ITA No. 184/2005
Date of Judgement/Order : 09/10/2013
Related Assessment Year :
Courts :
All High Courts Allahabad High Court
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In the instant case, M/s. Sahara India is the collecting agent not only of the assessee but also of various other companies. As per MoU, the assessee charges interest from M/s. Sahara India where delay in transmission of funds exceeds two months. From the record, it appears that the assessee has charged interest on t
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