Supreme Court · 1980 INSC 169 · Decided 29 August 1980
Commissioner of Income-Tax, Andhra Pradesh Hyderabad v. Toshoku LTD. Guntur ETC.
- Court
- Supreme Court of India
- Citation
- 1980 INSC 169 · [1981] 1 S.C.R. 587
- Case number
- CIVIL APPEAL No. 782/1973
- Decided
- 29 August 1980
- Bench
- P.N. BHAGWATI, E.S. VENKATARAMIAH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 5(2), 9(1)(i), 160, 161, 163, 9
Headnote
Commission payable to non-resident foreign agent by the statutory agent­ Statutory agent making credit a1id debit entries in his books of account under the head "commission account" on receipt of the sale price from the foreign agent and thereafter on remitting the commission amount assessable to income tax­ .Sections 5(2), 9(1)(i), 160, 161 and 163 of the Income Tax Act. 1961 read with Board's Circular (XXVII-l) of 1953 No. 26 (II/53) dated July 17, 1953- Whether the amounts should be treated as income deemed to have acr.rued or arisen in India. Dismissing the Revenue
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)