https://www.taxtmi.com/caselaws?id=58897 Where goods were distributed on consignment with title remaining in the principal until sale, the distributor was treated as an agent/service provider rather than a trading company. The arrangement showed stock and sales were controlled by the principal, prices were fixed by the principal, accounts were rendered on stock and sales, and the distributor earned only a fixed service charge. On that basis, sales tax collected in the course of such sales accrued to the principal and did not form the distributor's own trading receipt, so disallowance under section 43B was not sustainable against the distributor. en-us Thu, 31 Jan 1991 00:00:00 +0530 Wed, 22 Dec 2010 16:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58897 Where goods were distributed on consignment with title remaining in the principal until sale, the distributor was treated as an agent/service provider rather than a trading company. The arrangement showed stock and sales were controlled by the principal, prices were fixed by the principal, accounts were rendered on stock and sales, and the distributor earned only a fixed service charge. On that basis, sales tax collected in the course of such sales accrued to the principal and did not form the distributor's own trading receipt, so disallowance under section 43B was not sustainable against the distributor. Case-Laws Income Tax Thu, 31 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58897