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Case Law Details
- Case Name
- Pr. CIT Vs M Tech India P. Ltd. (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2008-09
- Courts
- All High Courts, Delhi High Court
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CA Suraj R. Agrawal
Case Summary:-
Facts of the case:
1. The Assessee entered into an agreement with M/s Track Health Pty. Limited, Australia (hereafter ‘THPL’) captioned “VAR Agreement”.
2. The Assessee had also entered into an agreement with M/s Speed Miners, Malaysia which is stated to be similar to the ‘VAR Agreement’ entered into by the Assessee with THPL.
3. In terms of the agreements, the Assessee had paid a sum of Rs. 66,87,509 and Rs. 9,35,987/- to THPL and M/s Speed Miner respectively.
4. According to the AO, the said payments of Rs. 66,87,509/- and Rs.9,...
Author Info
