https://www.taxtmi.com/caselaws?id=6053 The Supreme Court dismissed the Revenue's appeal and upheld the lower authorities' decision in favor of the assessee. The reimbursement of warehouse expenses for tea storage by the agent qualified for weighted deduction under section 35B(1)(b)(iv) of the Income-tax Act. The court emphasized that the maintenance of the warehouse for sales promotion outside India by the assessee met the criteria for eligibility, even though the warehouse was operated by the agent. en-us Tue, 16 Oct 2001 00:00:00 +0530 Mon, 01 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6053 The Supreme Court dismissed the Revenue's appeal and upheld the lower authorities' decision in favor of the assessee. The reimbursement of warehouse expenses for tea storage by the agent qualified for weighted deduction under section 35B(1)(b)(iv) of the Income-tax Act. The court emphasized that the maintenance of the warehouse for sales promotion outside India by the assessee met the criteria for eligibility, even though the warehouse was operated by the agent. Case-Laws Income Tax Tue, 16 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6053