https://www.taxtmi.com/caselaws?id=69509 The Tribunal held that the assessee is entitled to a weighted deduction under section 35B of the Income-tax Act for the commission paid to State Trading Corporation (STC). The services provided by STC were deemed comprehensive and essential to the export process, meeting the criteria for the deduction. The Tribunal rejected departmental appeals, confirming that the CBDT circular applies to the assessee's case and distinguishing the Madras High Court decision that was found inapplicable to the present circumstances. en-us Wed, 14 Sep 1983 00:00:00 +0530 Thu, 07 Apr 2011 13:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69509 The Tribunal held that the assessee is entitled to a weighted deduction under section 35B of the Income-tax Act for the commission paid to State Trading Corporation (STC). The services provided by STC were deemed comprehensive and essential to the export process, meeting the criteria for the deduction. The Tribunal rejected departmental appeals, confirming that the CBDT circular applies to the assessee's case and distinguishing the Madras High Court decision that was found inapplicable to the present circumstances. Case-Laws Income Tax Wed, 14 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69509