https://www.taxtmi.com/caselaws?id=21722 The High Court of Karnataka ruled in favor of the assessee, holding that acting as an agent for the export of goods manufactured by another company entitles the assessee to the weighted deduction under section 35B of the Income-tax Act, 1961. The Court emphasized that the assessee's role as an agent providing services or facilities for the export qualified for the deduction under the law, rejecting the Commissioner's interpretation. The judgment clarified the interpretation of the relevant provisions of section 35B and upheld the assessee's claim for the deduction. en-us Thu, 17 Jan 1991 00:00:00 +0530 Fri, 27 Nov 2009 12:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21722 The High Court of Karnataka ruled in favor of the assessee, holding that acting as an agent for the export of goods manufactured by another company entitles the assessee to the weighted deduction under section 35B of the Income-tax Act, 1961. The Court emphasized that the assessee's role as an agent providing services or facilities for the export qualified for the deduction under the law, rejecting the Commissioner's interpretation. The judgment clarified the interpretation of the relevant provisions of section 35B and upheld the assessee's claim for the deduction. Case-Laws Income Tax Thu, 17 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21722