https://www.taxtmi.com/caselaws?id=288511 The High Court of Bombay ruled in favor of the assessees, determining that the receipt of cheques in Bhavnagar did not constitute the receipt of sale proceeds in Bhavnagar. The Court emphasized the necessity of establishing an express or implied request by the creditor for the post office to act as their agent in receiving payment. Without evidence of such a request, the mere posting of cheques from British India was insufficient to establish an implied agency relationship. The decision upheld the Tribunal's view and awarded costs to the assessees. en-us Tue, 03 Mar 1959 00:00:00 +0530 Fri, 12 Jun 2020 10:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288511 The High Court of Bombay ruled in favor of the assessees, determining that the receipt of cheques in Bhavnagar did not constitute the receipt of sale proceeds in Bhavnagar. The Court emphasized the necessity of establishing an express or implied request by the creditor for the post office to act as their agent in receiving payment. Without evidence of such a request, the mere posting of cheques from British India was insufficient to establish an implied agency relationship. The decision upheld the Tribunal's view and awarded costs to the assessees. Case-Laws Income Tax Tue, 03 Mar 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288511