https://www.taxtmi.com/caselaws?id=13353 The High Court of Allahabad upheld the Tribunal's decision, ruling in favor of the Revenue and against the assessee regarding the interpretation of section 35B(1)(b)(iv) of the Income-tax Act. The court emphasized the necessity for the assessee to maintain an agency outside India specifically for promoting their sales abroad to qualify for deductions on commission payments. The judgment aligned with the Supreme Court's precedent, clarifying that mere commission payments to agents for procuring orders did not meet the criteria for deduction under the Act. en-us Fri, 05 Aug 2005 00:00:00 +0530 Thu, 28 May 2009 13:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13353 The High Court of Allahabad upheld the Tribunal's decision, ruling in favor of the Revenue and against the assessee regarding the interpretation of section 35B(1)(b)(iv) of the Income-tax Act. The court emphasized the necessity for the assessee to maintain an agency outside India specifically for promoting their sales abroad to qualify for deductions on commission payments. The judgment aligned with the Supreme Court's precedent, clarifying that mere commission payments to agents for procuring orders did not meet the criteria for deduction under the Act. Case-Laws Income Tax Fri, 05 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13353