https://www.taxtmi.com/caselaws?id=12060 The court ruled in favor of the Revenue, denying the commission agent's claim for deduction under section 35B of the Income-tax Act, 1961. The agent's activities assisting foreign principals in procuring goods from Indian suppliers and providing market information within India did not qualify for the deduction. The Tribunal upheld the Assessing Officer's decision to allow deduction only for travel expenses, rejecting other claims as the services provided did not meet the criteria for deduction under section 35B. en-us Mon, 09 Sep 2002 00:00:00 +0530 Tue, 16 Feb 2010 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12060 The court ruled in favor of the Revenue, denying the commission agent's claim for deduction under section 35B of the Income-tax Act, 1961. The agent's activities assisting foreign principals in procuring goods from Indian suppliers and providing market information within India did not qualify for the deduction. The Tribunal upheld the Assessing Officer's decision to allow deduction only for travel expenses, rejecting other claims as the services provided did not meet the criteria for deduction under section 35B. Case-Laws Income Tax Mon, 09 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12060