https://www.taxtmi.com/caselaws?id=58709 The Tribunal upheld the reassessment under section 147(b) of the IT Act, 1961, rejecting the appellant's objection. It disallowed weighted deduction on bank charges and bank commission but allowed it on postage and E.C.G.C. premium. The Tribunal ruled in favor of allowing weighted deduction on commission payments to foreign agents and partially allowed the appeal on the disallowance of weighted deduction on salaries paid to Export Department staff. en-us Tue, 30 Jan 1979 00:00:00 +0530 Tue, 21 Dec 2010 16:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58709 The Tribunal upheld the reassessment under section 147(b) of the IT Act, 1961, rejecting the appellant's objection. It disallowed weighted deduction on bank charges and bank commission but allowed it on postage and E.C.G.C. premium. The Tribunal ruled in favor of allowing weighted deduction on commission payments to foreign agents and partially allowed the appeal on the disallowance of weighted deduction on salaries paid to Export Department staff. Case-Laws Income Tax Tue, 30 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58709