TaxTMI 
TaxTMI 
2014 (10) TMI 664
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....and answer: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the assessee company is entitled to a deduction on Rs. 18,56,400/( A.Y. 1982-82) and on Rs. 12,92,717/- (A.Y. 198384) under section 35B being the amounts of commission paid by the assessee to one Shri C.G.S. Mani by holding that the case of the assessee amounted to maintenance of....
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....ecting the Income Tax Officer to withdraw the allowance already made. He expressed the view that payment of commission to foreign agent did not amount to maintenance of any agency by the assessee outside India within the meaning of section 35B(1)(b)(iv) and that the services of Shri Mani did not involve any activity for promotion of exports. 3] The Tribunal reversed this order of the Commissioner....
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..... In that case the assessee, a public limited company claimed weighted deduction under this very provision, inter alia, on commission to Tata Exports for monitoring and doing liaisoning work outside India. The assessee claimed weighted deduction on account of proportionate administrative expenses. The Reference at the behest of the revenue, raised question as to whether, Tata Exports, who were pai....