https://www.taxtmi.com/caselaws?id=276797 The High Court upheld the Tribunal's decision that there was an implied request by the assessee company for merchants to send cheques by post, making the post office the company's agent for receiving payments. This led to the conclusion that the sale proceeds were received in British India, resulting in the assessee company being deemed to have received the profits in British India. The court ruled in favor of the revenue authorities, directing the assessee to bear the costs. en-us Thu, 21 Apr 1960 00:00:00 +0530 Sat, 17 Nov 2018 14:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276797 The High Court upheld the Tribunal's decision that there was an implied request by the assessee company for merchants to send cheques by post, making the post office the company's agent for receiving payments. This led to the conclusion that the sale proceeds were received in British India, resulting in the assessee company being deemed to have received the profits in British India. The court ruled in favor of the revenue authorities, directing the assessee to bear the costs. Case-Laws Income Tax Thu, 21 Apr 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276797