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2002 (9) TMI 58 - MADRAS HIGH COURTThe assessee is merely a commission agent which assists its foreign principals in procuring leather from Indian suppliers. It provides information to its principals about the market conditions in India and the assistance that it renders to its foreign principals in India, as their agent, does not amount to the export of its services outside India. - We, therefore, answer the question referred to us: - "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that assessee is not entitled to weighted deduction under section 35B on the expenses claimed in the assessment years 1978-79 and 1980-81?" in favour of the Revenue and against the assessee.
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