https://www.taxtmi.com/caselaws?id=6415 Profits from cloth sales were not taxable in British India because the sales were completed at Bhilwara, where title passed and the purchasers became owners, so the transactions were outside British India. The banker who received the sale proceeds was found to be the agent of the purchasers, not the assessee, and therefore no part of the income was realised in British India through an assessee's agent. Those findings were factual and were not disturbed, so the referred question was answered in favour of the assessee. en-us Mon, 05 Mar 1973 00:00:00 +0530 Thu, 04 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6415 Profits from cloth sales were not taxable in British India because the sales were completed at Bhilwara, where title passed and the purchasers became owners, so the transactions were outside British India. The banker who received the sale proceeds was found to be the agent of the purchasers, not the assessee, and therefore no part of the income was realised in British India through an assessee's agent. Those findings were factual and were not disturbed, so the referred question was answered in favour of the assessee. Case-Laws Income Tax Mon, 05 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6415