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Case lawSupreme Court › Kanchanganga Sea Foods Ltd v CIT
Supreme CourtHelps departmentValidity unconfirmeds.195s.5(2)s.201(1)s.201(1A)

Kanchanganga Sea Foods Ltd v CIT

I pay a non-resident in kind, not in cash. Do I still have to deduct tax at source under section 195?

I pay a non-resident in kind, not in cash. Do I still have to deduct tax at source under section 195?

Yes. The Supreme Court held that charter fee discharged by handing a non-resident owner 85 per cent of the fish caught was a payment attracting section 195, and that the non-resident received it in India. Until the catch was apportioned it belonged wholly to the Indian charterer; the non-resident got control only when its share was handed over at Chennai after certification, valuation and customs clearance. That was the first receipt in the eye of law and it was in India, so the income was chargeable under section 5(2). The company was rightly treated as an assessee in default under section 201 for not deducting.

Decided by the Supreme Court (Supreme Court of India, Civil Appellate Jurisdiction - D.K. Jain and C.K. Prasad, JJ; judgment by C.K. Prasad, J) on 2010-07-07, reported as Civil Appeal Nos. 3844-3847 of 2003 (Supreme Court of India); on appeal from Referred Case No. 144 of 1995 and Writ Petition No. 1103 of 1998, High Court of Andhra Pradesh. It bears on section 195, section 5(2), section 201(1), section 201(1A) of the Income Tax Act 1961, in TDS Defaults and Residence & Treaty Benefit matters.

Validity check could not be completed. No later history was checked. The decision is of the Supreme Court on the facts of a charter in kind; nothing later has been established from the material read.

Why it matters

This is the answer to the argument that section 195 is not attracted because nothing was paid in cash, or because the non-resident realised the value only abroad. The Court's test is control: income requires that the recipient have control over it, and the place where control first passes is where the income is received. Because the fish was apportioned and handed over in India after valuation, the later sale abroad and the receipt of sale proceeds abroad were irrelevant. It also shows the limits of Toshoku and Ishikawajima-Harima, both of which the assessee relied on and both of which were distinguished - Toshoku because the amounts credited there were not at the non-resident's disposal, and Ishikawajima-Harima because the entire transaction there was completed on the high seas. Anyone structuring payment in kind, in produce or in a share of output should read it before assuming no withholding arises.

Binding on every court and authority in India.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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