https://www.taxtmi.com/caselaws?id=120628 The Tribunal allowed the appeal of the assessee, ruling that payments to advertising agencies were trade discounts, not commissions. Therefore, the assessee was not considered in default under section 201(1) of the Income-tax Act, and no tax deduction at source (TDS) was required under section 194H. The decision highlighted the principal-to-principal relationship between the assessee and the advertising agencies, leading to the deletion of tax and interest imposed earlier. en-us Thu, 31 Jan 2008 00:00:00 +0530 Mon, 23 Jul 2012 11:11:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120628 The Tribunal allowed the appeal of the assessee, ruling that payments to advertising agencies were trade discounts, not commissions. Therefore, the assessee was not considered in default under section 201(1) of the Income-tax Act, and no tax deduction at source (TDS) was required under section 194H. The decision highlighted the principal-to-principal relationship between the assessee and the advertising agencies, leading to the deletion of tax and interest imposed earlier. Case-Laws Income Tax Thu, 31 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120628