2019 (6) TMI 1020

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.... Appellant : Shri P.V. Sheth, Advocate For The Respondent : Shri Gobind Jha, Superintendent (AR) ORDER Per : Ramesh Nair The case of the department is that the appellant is collecting commission from M/s. Jain Bright Steel Traders who the supplier of steel bars and rods and accounted the same as 'Finance Account' under the head of 'other income' for the financial year 2003-04 to Octobe....

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.... Bright Steel Traders, debit notes issued to buyers of the goods etc. He submits that on the basis of these documents it is clear that the appellant has not received any commission from the seller of the goods but the charges are collected as interest towards the financing of the sale value to the buyer of the goods. 3. Shri Gobind Jha, Ld. Superintendent (AR) appearing on behalf of the Revenue....