PETRON ENGINEERING CONSTRUCTION PVT. LTD. & ANOTHER v. CENTRAL BOARD OF DIRECT TAXES & OTHERS

Citation: [1988] SUPP. 3 S.C.R. 1058

Court: Supreme Court of India

Bench: M.M. DUTT, S. NATARAJAN

Case summary

Gauri Shankar that in view of the specific mandate of section 80-0 that the income of the assessee shall be directly received from the foreign enterprise, the question of canalisation does not arise....

Judgment text

Gauri Shankar that in view of the specific mandate of section 80-0 that the income of the assessee shall be directly received from the foreign enterprise, the question of canalisation does not arise....