Case Law Details
Case Name : CIT Vs. Jai Drinks (P.) Ltd. (Delhi High Court)
Appeal Number : ITA No. 399/2010
Date of Judgement/Order : 06/01/2011
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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CIT Vs. Jai Drinks (P.) Ltd. (Delhi HC)- In the instant case, it was held that since the agreement between the assessee and the distributor clearly stated that the agreement was on principal-to-principal basis, payments made by the assessee to the distributor were incentives and discount
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Will this stand be the same even in case where the C&F agent cum distributor is a non- resident?