https://www.taxtmi.com/caselaws?id=63958 The case involved the entitlement to deduction under section 80HHC for export agency commission. The court held that the assessee was not entitled to relief under section 80HHC on the export agency commission as the property in the goods exported did not vest with the assessee. The appeal was dismissed. Regarding the penalty under section 271(1)(c) for making a false claim, the court found that the assessee had made the claim in good faith and disclosed all relevant facts. The penalty imposed was deleted, and the appeal was allowed. en-us Thu, 29 Aug 1991 00:00:00 +0530 Wed, 02 Feb 2011 18:18:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63958 The case involved the entitlement to deduction under section 80HHC for export agency commission. The court held that the assessee was not entitled to relief under section 80HHC on the export agency commission as the property in the goods exported did not vest with the assessee. The appeal was dismissed. Regarding the penalty under section 271(1)(c) for making a false claim, the court found that the assessee had made the claim in good faith and disclosed all relevant facts. The penalty imposed was deleted, and the appeal was allowed. Case-Laws Income Tax Thu, 29 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63958