https://www.taxtmi.com/caselaws?id=21926 The High Court of Karnataka ruled against the assessee, stating that the commission paid to foreign agents for sales promotion abroad did not qualify for weighted deduction under section 35B(1)(b)(iv) of the Income-tax Act, 1961. The court emphasized that the commission was for specific sales and not solely for maintaining the agency for sales promotion outside India, distinguishing it from general business expenses. The judgment clarified the specific nature of expenditures eligible for deduction under section 35B, highlighting the requirement for the agency's maintenance solely for promoting sales abroad. en-us Tue, 16 Jul 1991 00:00:00 +0530 Fri, 04 Dec 2009 12:25:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21926 The High Court of Karnataka ruled against the assessee, stating that the commission paid to foreign agents for sales promotion abroad did not qualify for weighted deduction under section 35B(1)(b)(iv) of the Income-tax Act, 1961. The court emphasized that the commission was for specific sales and not solely for maintaining the agency for sales promotion outside India, distinguishing it from general business expenses. The judgment clarified the specific nature of expenditures eligible for deduction under section 35B, highlighting the requirement for the agency's maintenance solely for promoting sales abroad. Case-Laws Income Tax Tue, 16 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21926