https://www.taxtmi.com/caselaws?id=370533 The Court dismissed the department's appeal challenging the liability to deduct TDS under Section 194H, emphasizing the principal-to-principal relationship between the assessee and distributor. It held that no TDS deduction was required as no actual payment was made. The Court also concluded that the relationship was on a principal-to-principal basis after considering various factors. Relying on precedents and legal principles, the Court ruled in favor of the assessee, highlighting the importance of adhering to settled law in such matters. The appeal was ultimately dismissed, with no substantial question of law arising. en-us Tue, 24 Jul 2018 00:00:00 +0530 Mon, 19 Nov 2018 08:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370533 The Court dismissed the department's appeal challenging the liability to deduct TDS under Section 194H, emphasizing the principal-to-principal relationship between the assessee and distributor. It held that no TDS deduction was required as no actual payment was made. The Court also concluded that the relationship was on a principal-to-principal basis after considering various factors. Relying on precedents and legal principles, the Court ruled in favor of the assessee, highlighting the importance of adhering to settled law in such matters. The appeal was ultimately dismissed, with no substantial question of law arising. Case-Laws Income Tax Tue, 24 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370533