https://www.taxtmi.com/caselaws?id=5175 The court held that the respondent, acting as a shipping agent for a non-resident company, was not liable to pay income tax under section 172 of the Income-tax Act, 1961. The court determined that the payment made under the charter-party agreement was for the use and hire of the ship, not for the carriage of goods, thereby dismissing the appeal and confirming that the respondent was not obligated to pay the income tax demanded. en-us Fri, 05 May 1978 00:00:00 +0530 Thu, 08 Jan 2015 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5175 The court held that the respondent, acting as a shipping agent for a non-resident company, was not liable to pay income tax under section 172 of the Income-tax Act, 1961. The court determined that the payment made under the charter-party agreement was for the use and hire of the ship, not for the carriage of goods, thereby dismissing the appeal and confirming that the respondent was not obligated to pay the income tax demanded. Case-Laws Income Tax Fri, 05 May 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5175