https://www.taxtmi.com/caselaws?id=17090 The Tribunal ruled in favor of the assessee, overturning the Commissioner of Income Tax's decision to set aside the assessment order under sections 35B and 40A(5) of the Income Tax Act, 1961. The Tribunal held that the weighted deduction on commission payments to a foreign agent was permissible under section 35B(1)(b)(iv), and gratuity payments were not subject to disallowance under section 40A(5). The Court affirmed the Tribunal's decision, finding no errors in the assessing officer's treatment of these issues, ultimately disposing of the application in favor of the assessee. en-us Wed, 11 Mar 1998 00:00:00 +0530 Tue, 15 Sep 2009 11:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17090 The Tribunal ruled in favor of the assessee, overturning the Commissioner of Income Tax's decision to set aside the assessment order under sections 35B and 40A(5) of the Income Tax Act, 1961. The Tribunal held that the weighted deduction on commission payments to a foreign agent was permissible under section 35B(1)(b)(iv), and gratuity payments were not subject to disallowance under section 40A(5). The Court affirmed the Tribunal's decision, finding no errors in the assessing officer's treatment of these issues, ultimately disposing of the application in favor of the assessee. Case-Laws Income Tax Wed, 11 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17090