https://www.taxtmi.com/caselaws?id=22373 The High Court upheld the Tribunal's decision, affirming that commission payments made in India for exports to the U.S.S.R. qualify for weighted deduction under section 35B(1)(b)(i) and (ii) of the Income-tax Act, 1961. The court relied on the CBDT's circular, considering commission payments to parties facilitating export sales eligible for weighted deduction. The references were disposed of in favor of the assessees, endorsing the Tribunal's findings as reasonable and valid. en-us Tue, 02 Apr 1991 00:00:00 +0530 Tue, 15 Sep 2015 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22373 The High Court upheld the Tribunal's decision, affirming that commission payments made in India for exports to the U.S.S.R. qualify for weighted deduction under section 35B(1)(b)(i) and (ii) of the Income-tax Act, 1961. The court relied on the CBDT's circular, considering commission payments to parties facilitating export sales eligible for weighted deduction. The references were disposed of in favor of the assessees, endorsing the Tribunal's findings as reasonable and valid. Case-Laws Income Tax Tue, 02 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22373