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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

TDS u/s 194H - The Dairy may have fixed the MRP and the price at ...

Case Laws     Income Tax

February 8, 2012

TDS u/s 194H - The Dairy may have fixed the MRP and the price at which they sell the products to the concessionaire but the products are sold and ownership vests and is transferred to the concessionaires. The sale is subject to conditions, and stipulations. This by itself does not show and establish principal and agent relationship. The supervision and control required in case of agency is missing..... - HC

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