https://www.taxtmi.com/caselaws?id=15068 The High Court of Madras remitted the matter back to the Income-tax Appellate Tribunal for further examination to determine if the assessee qualifies for a weighted deduction under section 35B of the Income-tax Act, 1961 for service charges paid to the State Trading Corporation. The Court emphasized the need for the Tribunal to scrutinize whether the expenses were incurred for promoting the assessee's goods by the State Trading Corporation outside India, as required by the law. The Court ruled in favor of the Revenue, directing a fresh evaluation by the Tribunal based on established legal principles without imposing costs. en-us Wed, 18 Mar 1998 00:00:00 +0530 Thu, 30 Jul 2009 14:05:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15068 The High Court of Madras remitted the matter back to the Income-tax Appellate Tribunal for further examination to determine if the assessee qualifies for a weighted deduction under section 35B of the Income-tax Act, 1961 for service charges paid to the State Trading Corporation. The Court emphasized the need for the Tribunal to scrutinize whether the expenses were incurred for promoting the assessee's goods by the State Trading Corporation outside India, as required by the law. The Court ruled in favor of the Revenue, directing a fresh evaluation by the Tribunal based on established legal principles without imposing costs. Case-Laws Income Tax Wed, 18 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15068