1990 (8) TMI 18 - HC - Income Tax

Summary

The High Court of Madras ruled that the assessee, a partner in a non-resident firm operating only in Malaysia, is not entitled to deduction under section 35B of the Income-tax Act, 1961. The decision was based on the finding that the firm did not export any goods from India, aligning with a previous court ruling. The common question of law was answered in the negative, with no costs awarded.