https://www.taxtmi.com/caselaws?id=268324 The Tribunal held that the relationship between the Assessee and its franchisees was principal to principal, not principal to agent. Relying on judicial precedents and the agreement clauses, it was determined that the difference between the Maximum Retail Price (MRP) and the price paid by franchisees was not considered "commission" under Section 194H of the Income Tax Act. The appeals by the Revenue were dismissed, affirming that the Assessee was not required to deduct tax at source on this difference. en-us Tue, 20 Oct 2015 00:00:00 +0530 Mon, 23 Nov 2015 21:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268324 The Tribunal held that the relationship between the Assessee and its franchisees was principal to principal, not principal to agent. Relying on judicial precedents and the agreement clauses, it was determined that the difference between the Maximum Retail Price (MRP) and the price paid by franchisees was not considered "commission" under Section 194H of the Income Tax Act. The appeals by the Revenue were dismissed, affirming that the Assessee was not required to deduct tax at source on this difference. Case-Laws Income Tax Tue, 20 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268324