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<h1>Assessee can claim deduction for commission but not interest on packing credit under Income-tax Act</h1> <h3>Commissioner Of Income-Tax Versus A. Rafeeq Ahmed And Co.</h3> The High Court of Madras held that the assessee could claim weighted deduction under section 35B of the Income-tax Act for commission paid to the State ... Export Market Development Allowance, Weighted Deduction The High Court of Madras ruled that the assessee is entitled to claim weighted deduction under section 35B of the Income-tax Act for commission paid to the State Trading Corporation of India, but not for interest on packing credit. The court based its decision on a previous case involving Lucas TVS Ltd. The judgment was delivered by Judge N. V. Balasubramanian.