Even if it is assumed that the assessee was authorized to collect sales tax and retain with it, the same will be chargeable to tax as trading receipt

DECIDED BY: ITAT, DELHI BENCH `D’, DELHI,

IN THE CASE OF: LG Electronics India Pvt. Ltd. Vs. Addl. CIT, APPEAL NO: ITA No. 1404 (Del) of 2007, DECIDED ON February 26, 2010

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