https://www.taxtmi.com/caselaws?id=219007 The Tribunal upheld its original decision, affirming Vega UAE's status as a distributor based on a valid distribution agreement and assumption of inventory and credit risk. The Tribunal dismissed the Revenue's claims of mistakes in the characterization of the transaction, finding no grounds for rectification under Section 254(2) of the IT Act. en-us Fri, 20 Jul 2012 00:00:00 +0530 Wed, 19 Sep 2012 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219007 The Tribunal upheld its original decision, affirming Vega UAE's status as a distributor based on a valid distribution agreement and assumption of inventory and credit risk. The Tribunal dismissed the Revenue's claims of mistakes in the characterization of the transaction, finding no grounds for rectification under Section 254(2) of the IT Act. Case-Laws Income Tax Fri, 20 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219007