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Case Law Details

Case Name : Menlo Worldwide Forwarding India Pvt. Ltd. Vs. DCIT (ITAT Delhi)
Related Assessment Year :
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Setting-off of sundry debtors against sundry creditors by a collection agent is not a remission of liability; withholding tax not applicable to payment for use of computer system to track freight shipments

In brief

a. Setting-off of sundry debtors against sundry creditors – not a remission of liability

In a recent decision, in the case Menlo Worldwide Forwarding India Pvt. Ltd. Vs. DCIT [2010-T11-164-ITAT-DEL-I

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