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2011 (7) TMI 69 - DELHI HIGH COURTCommission income - Income from business or not - Held that SIL has utilized the establishment and infrastructure of M/s.FX Info Technologies Ltd. (assessee herein) for carrying out sale of Acer computers - The expenses incurred by SIL in the shape of commission paid for the services rendered by FX Info Technologies Ltd., is directly associated with its business - There is nothing on record to suggest that the said order of the Tribunal was challenged - That being so, it comes out to be an accepted position that in the case of SIL, it was accepted by the Revenue that the commission paid by SIL to the assessee was business expenditure - If that was so, the business expenditure in the hands of SIL by natural corollary is the business income in the hands of FX Info Technologies Ltd.(i.e.assessee) - Decided in favour of assessee.
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