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2014 (7) TMI 93 - HC - Income TaxTDS on Payments made to agents for procuring advertisements - Trade discount OR commission – Applicability of provisions of Chapter XVIIB – Held that:- The 'format agreement' and one of the agreements executed between advertising agencies, which had not been registered with INS and the assessee had lot of difference between the terms and conditions in the agreements - the assessee had entered into agreements with the advertising agencies which had not registered with INS, were to be governed by the terms and conditions stipulated in the agreements executed between such agencies and the respondent-assessee, and in which case the question of looking into format agreement (Appendix-IV) would not arise. Tribunal was of the view that the Appendix-IV executed by the assessee with the accredited agencies and the agreements executed between unregistered advertising agencies and the assessee - the Tribunal has not considered all the aspects/questions in proper perspective – the matter is remitted back to the Tribunal for adjudication – Decided in favour of Revenue.
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