Court Rules Section 194J Inapplicable: No Direct Payment in Assessee-Stockist Drug Sales Maintains Principle-to-Principle Relationship.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....TDS u/s 194J - sale of drugs - Principle to principle relationship - whatever be the margin made available to the stockist, so long as the assessee is not making any payment to the stockist, the question of invoking Section 194J against the assessee does not arise. - HC....