https://www.taxtmi.com/caselaws?id=784313 Stockist margins and discounts on pharmaceutical sales conducted on principal-to-principal terms do not constitute commission or brokerage for tax deduction at source, despite commercial controls consistent with regulated trade. ESOP perquisite taxation arises when an employee exercises the option and receives the benefit, rather than when the option is merely granted; tax deduction is therefore not required in the grant year. Compensation for delayed payment of sale consideration to MSMEs is not interest on borrowed money within the statutory definition of interest. Accordingly, tax deduction on such compensation and consequential default interest do not apply where the stated conditions are met. en-us Mon, 08 Dec 2025 00:00:00 +0530 Fri, 02 Jan 2026 07:51:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784313 Stockist margins and discounts on pharmaceutical sales conducted on principal-to-principal terms do not constitute commission or brokerage for tax deduction at source, despite commercial controls consistent with regulated trade. ESOP perquisite taxation arises when an employee exercises the option and receives the benefit, rather than when the option is merely granted; tax deduction is therefore not required in the grant year. Compensation for delayed payment of sale consideration to MSMEs is not interest on borrowed money within the statutory definition of interest. Accordingly, tax deduction on such compensation and consequential default interest do not apply where the stated conditions are met. Case-Laws Income Tax Mon, 08 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784313