https://www.taxtmi.com/caselaws?id=288513 Receipt of sale proceeds depended on the mode of remittance and the role of the intermediary. Where hundis and drafts were collected by a bank acting only as collecting banker, the amounts were treated as received in British India when realised and credited to the assessee. By contrast, where payment was made by demand draft without any request by the assessee to use that mode, posting by the Government did not make the post office the assessee's agent, so receipt occurred outside the taxable territories. Where cheques were sent pursuant to an implied request to remit by post, the post office became the recipient's agent and receipt occurred on posting in British India. en-us Fri, 17 Apr 1964 00:00:00 +0530 Thu, 24 Dec 2020 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288513 Receipt of sale proceeds depended on the mode of remittance and the role of the intermediary. Where hundis and drafts were collected by a bank acting only as collecting banker, the amounts were treated as received in British India when realised and credited to the assessee. By contrast, where payment was made by demand draft without any request by the assessee to use that mode, posting by the Government did not make the post office the assessee's agent, so receipt occurred outside the taxable territories. Where cheques were sent pursuant to an implied request to remit by post, the post office became the recipient's agent and receipt occurred on posting in British India. Case-Laws Income Tax Fri, 17 Apr 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288513