https://www.taxtmi.com/caselaws?id=12099 The court found the issues regarding tax treatment of payments to a non-resident company to be academic due to subsequent assessment proceedings treating the entire amount as the sale price. It was determined that the assessee was not an agent under section 163 of the Income-tax Act, and tax deductions on lease payments were not required as they were considered part of the purchase price exempt under the Double Tax Avoidance Agreement. The court concluded that the questions raised had become irrelevant, returning the reference unanswered. en-us Thu, 28 Nov 2002 00:00:00 +0530 Tue, 16 Feb 2010 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12099 The court found the issues regarding tax treatment of payments to a non-resident company to be academic due to subsequent assessment proceedings treating the entire amount as the sale price. It was determined that the assessee was not an agent under section 163 of the Income-tax Act, and tax deductions on lease payments were not required as they were considered part of the purchase price exempt under the Double Tax Avoidance Agreement. The court concluded that the questions raised had become irrelevant, returning the reference unanswered. Case-Laws Income Tax Thu, 28 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12099