https://www.taxtmi.com/caselaws?id=7105 The High Court held that the assessee, a non-company individual, was not entitled to a rebate under section 2(5)(i) of the Finance Act, 1963 for being an exporter. The Court determined that the commission earned by the assessee from services provided under an agency agreement for purchasing tea did not qualify as profits and gains derived from the export of goods. The Court emphasized the need for income to be directly linked to the export activity, concluding that the commission earned did not meet this criteria. The judgment favored the department, denying the rebate to the assessee. en-us Wed, 30 Aug 1967 00:00:00 +0530 Tue, 10 Feb 2009 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7105 The High Court held that the assessee, a non-company individual, was not entitled to a rebate under section 2(5)(i) of the Finance Act, 1963 for being an exporter. The Court determined that the commission earned by the assessee from services provided under an agency agreement for purchasing tea did not qualify as profits and gains derived from the export of goods. The Court emphasized the need for income to be directly linked to the export activity, concluding that the commission earned did not meet this criteria. The judgment favored the department, denying the rebate to the assessee. Case-Laws Income Tax Wed, 30 Aug 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7105