https://www.taxtmi.com/caselaws?id=78665 The Court upheld the decisions of the authorities below, concluding that the assessee was not entitled to the weighted deduction under Section 35B of the Income Tax Act for commission paid to agents outside India. The Tribunal rejected the claim due to the lack of evidence establishing a regular agency agreement with the parties in Bangladesh and Sri Lanka, emphasizing that mere commission payments do not prove an agency relationship without evidence of promoting the sale of the assessee's goods. The Court found no legal question requiring consideration and answered the reference against the assessee. en-us Wed, 01 Sep 2010 00:00:00 +0530 Tue, 07 Dec 2010 21:22:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78665 The Court upheld the decisions of the authorities below, concluding that the assessee was not entitled to the weighted deduction under Section 35B of the Income Tax Act for commission paid to agents outside India. The Tribunal rejected the claim due to the lack of evidence establishing a regular agency agreement with the parties in Bangladesh and Sri Lanka, emphasizing that mere commission payments do not prove an agency relationship without evidence of promoting the sale of the assessee's goods. The Court found no legal question requiring consideration and answered the reference against the assessee. Case-Laws Income Tax Wed, 01 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78665