https://www.taxtmi.com/caselaws?id=69955 Rebate of freight expressly recorded in the ship's manifest at loading was treated as part of the same commercial transaction, so the amount payable for carriage of goods under section 172(2) was only the net freight after rebate. The later refund did not change the character of the allowance because the rebate had already been agreed at shipment. The freight receipt could not be split into separate dealings as freight and independent expenditure. On these facts, the rebate operated as a discount on freight, and the revision order was unsustainable; the appeal was allowed. en-us Wed, 22 Feb 1984 00:00:00 +0530 Sat, 03 Sep 2011 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69955 Rebate of freight expressly recorded in the ship's manifest at loading was treated as part of the same commercial transaction, so the amount payable for carriage of goods under section 172(2) was only the net freight after rebate. The later refund did not change the character of the allowance because the rebate had already been agreed at shipment. The freight receipt could not be split into separate dealings as freight and independent expenditure. On these facts, the rebate operated as a discount on freight, and the revision order was unsustainable; the appeal was allowed. Case-Laws Income Tax Wed, 22 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69955