https://www.taxtmi.com/caselaws?id=779225 ITAT held the assessee did not contravene s.269ST: distributorship appointment is not a single "event/occasion" so sales to distributors on different dates/invoices cannot be aggregated, and per-invoice cash receipts did not exceed the statutory threshold. The EMD for grant of distributorship was treated as a deposit, not sale consideration, and falls outside s.269ST. The Tribunal set aside the CIT(A) order for improperly admitting an affidavit without giving the AO opportunity, and remitted the matter to the file of the CIT(A)/NFAC for fresh adjudication. en-us Mon, 20 Jan 2025 00:00:00 +0530 Wed, 01 Oct 2025 09:07:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779225 ITAT held the assessee did not contravene s.269ST: distributorship appointment is not a single "event/occasion" so sales to distributors on different dates/invoices cannot be aggregated, and per-invoice cash receipts did not exceed the statutory threshold. The EMD for grant of distributorship was treated as a deposit, not sale consideration, and falls outside s.269ST. The Tribunal set aside the CIT(A) order for improperly admitting an affidavit without giving the AO opportunity, and remitted the matter to the file of the CIT(A)/NFAC for fresh adjudication. Case-Laws Income Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779225