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Case Law Details

Case Name : Pyramid Consulting Engineers (P.) Ltd. Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2011-12
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Pyramid Consulting Engineers (P.) Ltd. Vs DCIT (ITAT Mumbai)

We have observed that the assessee is engaged in the business of engineering and design services with respect to the oil & gas industry. The assessee had entered into MOU with Badar Al Safran for procuring business in Kuwait for the assessee. As per this MOU said agent is to be paid commission @ 25% during the period for the business generated in favour of the assessee and the said sum is payable on realisation by the assessee from the debtors from whom this ag

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